Fidelity Enhanced Small Cap ETF $FESM Shares Acquired by KFG Wealth Management LLC

KFG Wealth Management LLC increased its stake in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 5.2% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 451,959 shares of the company’s stock after acquiring an additional 22,343 shares during the period. Fidelity Enhanced Small Cap ETF accounts for 2.5% of KFG Wealth Management LLC’s holdings, making the stock its 8th largest position. KFG Wealth Management LLC’s holdings in Fidelity Enhanced Small Cap ETF were worth $21,825,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. Johnson Financial Group Inc. bought a new stake in Fidelity Enhanced Small Cap ETF in the fourth quarter valued at $66,000. PNC Financial Services Group Inc. bought a new position in shares of Fidelity Enhanced Small Cap ETF during the fourth quarter valued at $83,000. IFP Advisors Inc acquired a new stake in shares of Fidelity Enhanced Small Cap ETF in the 4th quarter valued at $85,000. Advisory Services Network LLC acquired a new stake in shares of Fidelity Enhanced Small Cap ETF in the 3rd quarter valued at $155,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of Fidelity Enhanced Small Cap ETF by 9,180.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,640 shares of the company’s stock worth $170,000 after purchasing an additional 4,590 shares during the last quarter.

Fidelity Enhanced Small Cap ETF Stock Up 0.9%

Shares of Fidelity Enhanced Small Cap ETF stock opened at $47.04 on Thursday. The stock has a market capitalization of $6.06 billion, a P/E ratio of 16.78 and a beta of 1.30. The company has a 50-day simple moving average of $47.61 and a 200 day simple moving average of $43.95. Fidelity Enhanced Small Cap ETF has a 12-month low of $34.83 and a 12-month 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.