Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) Shares Acquired by FMA Wealth Management LLC

FMA Wealth Management LLC increased its stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 0.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 86,847 shares of the company’s stock after purchasing an additional 641 shares during the quarter. Fidelity Enhanced Small Cap ETF comprises about 2.1% of FMA Wealth Management LLC’s portfolio, making the stock its 16th biggest holding. FMA Wealth Management LLC owned 0.44% of Fidelity Enhanced Small Cap ETF worth $2,809,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Private Advisor Group LLC acquired a new stake in Fidelity Enhanced Small Cap ETF in the 4th quarter valued at about $597,000. Financial Perspectives Inc raised its holdings in Fidelity Enhanced Small Cap ETF by 4.7% during the 4th quarter. Financial Perspectives Inc now owns 11,854 shares of the company’s stock worth $383,000 after buying an additional 527 shares during the period. Retirement Income Solutions Inc acquired a new stake in Fidelity Enhanced Small Cap ETF during the 4th quarter worth about $4,910,000. Principal Securities Inc. raised its holdings in Fidelity Enhanced Small Cap ETF by 208.7% during the 4th quarter. Principal Securities Inc. now owns 1,627 shares of the company’s stock worth $53,000 after buying an additional 1,100 shares during the period. Finally, Geneva Partners LLC raised its holdings in Fidelity Enhanced Small Cap ETF by 10.5% during the 4th quarter. Geneva Partners LLC now owns 20,738 shares of the company’s stock worth $671,000 after buying an additional 1,963 shares during the period.

Fidelity Enhanced Small Cap ETF Trading Down 0.5 %

NYSEARCA FESM opened at $33.52 on Thursday. The stock’s 50-day moving average price is $33.26 and its two-hundred day moving average price is $32.75. The company has a market cap of $654.31 million, a PE ratio of 16.61 and a beta of 1.22. Fidelity Enhanced Small Cap ETF has a 1 year low of $27.33 and a 1 year high of $36.13.

About Fidelity Enhanced Small Cap ETF

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.