Quotient Wealth Partners LLC Has $66.53 Million Holdings in Fidelity Enhanced Small Cap ETF $FESM

Quotient Wealth Partners LLC lessened its position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 0.9% in the first quarter, HoldingsChannel reports. The fund owned 1,750,838 shares of the company’s stock after selling 16,362 shares during the period. Fidelity Enhanced Small Cap ETF accounts for approximately 1.8% of Quotient Wealth Partners LLC’s investment portfolio, making the stock its 15th largest holding. Quotient Wealth Partners LLC’s holdings in Fidelity Enhanced Small Cap ETF were worth $66,532,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC boosted its stake in Fidelity Enhanced Small Cap ETF by 66.6% in the 4th quarter. LPL Financial LLC now owns 4,286,386 shares of the company’s stock valued at $161,940,000 after purchasing an additional 1,713,064 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Fidelity Enhanced Small Cap ETF by 30.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,230,962 shares of the company’s stock worth $122,066,000 after buying an additional 749,061 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of Fidelity Enhanced Small Cap ETF by 39.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 2,225,336 shares of the company’s stock worth $84,073,000 after buying an additional 624,608 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Fidelity Enhanced Small Cap ETF by 39,683.2% during the fourth quarter. JPMorgan Chase & Co. now owns 1,845,939 shares of the company’s stock worth $69,740,000 after buying an additional 1,841,299 shares in the last quarter. Finally, Tableaux LLC bought a new stake in shares of Fidelity Enhanced Small Cap ETF in the fourth quarter valued at about $68,706,000.

Fidelity Enhanced Small Cap ETF Stock Performance

FESM stock opened at $46.77 on Friday. The company’s 50-day simple moving average is $44.05 and its 200 day simple moving average is $40.81. Fidelity Enhanced Small Cap ETF has a 52 week low of $30.37 and a 52 week high of $47.11. The company has a market capitalization of $5.26 billion, a PE ratio of 16.78 and a beta of 1.35.

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.