Fidelity Enhanced Small Cap ETF $FESM Stock Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lowered its position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 7.2% in the third quarter, HoldingsChannel.com reports. The firm owned 2,683,170 shares of the company’s stock after selling 207,370 shares during the quarter. Fidelity Enhanced Small Cap ETF comprises 1.2% of Prime Capital Investment Advisors LLC’s holdings, making the stock its 18th largest position. Prime Capital Investment Advisors LLC’s holdings in Fidelity Enhanced Small Cap ETF were worth $120,608,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of FESM. Fifth Third Bancorp acquired a new stake in Fidelity Enhanced Small Cap ETF in the first quarter valued at $105,807,000. Cetera Investment Advisers increased its holdings in shares of Fidelity Enhanced Small Cap ETF by 46.8% in the 1st quarter. Cetera Investment Advisers now owns 1,962,108 shares of the company’s stock valued at $74,560,000 after acquiring an additional 625,917 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Fidelity Enhanced Small Cap ETF by 41.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,501,451 shares of the company’s stock valued at $72,505,000 after acquiring an additional 441,088 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Fidelity Enhanced Small Cap ETF by 30.7% in the 1st quarter. Royal Bank of Canada now owns 1,220,056 shares of the company’s stock valued at $46,363,000 after acquiring an additional 286,625 shares during the last quarter. Finally, Calamos Advisors LLC raised its position in shares of Fidelity Enhanced Small Cap ETF by 2,467.3% during the 1st quarter. Calamos Advisors LLC now owns 1,053,734 shares of the company’s stock worth $40,042,000 after acquiring an additional 1,012,689 shares in the last quarter.

Fidelity Enhanced Small Cap ETF Trading Up 1.7%

FESM stock traded up $0.75 during trading on Tuesday, hitting $45.16. 777,012 shares of the company’s stock were exchanged, compared to its average volume of 803,778. The business has a 50-day moving average price of $46.43 and a two-hundred day moving average price of $45.53. The stock has a market capitalization of $6.55 billion, a price-to-earnings ratio of 16.78 and a beta of 1.32. Fidelity Enhanced Small Cap ETF has a 52-week low of $34.83 and a 52-week high of $48.93.

Fidelity Enhanced Small Cap ETF Profile

The Fidelity Enhanced Small Cap ETF (FESM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund that invests in US, small-cap companies. Stock selection is based on computer-aided analysis, which chooses stocks belonging to the Russel 2000 Index. FESM was launched on Dec 20, 2007 and is issued by Fidelity.