Breakwater Capital Group Has $2.18 Million Position in Fidelity Enhanced Small Cap ETF $FESM

Breakwater Capital Group boosted its holdings in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 115.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 57,407 shares of the company’s stock after buying an additional 30,723 shares during the quarter. Breakwater Capital Group’s holdings in Fidelity Enhanced Small Cap ETF were worth $2,181,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in FESM. JPMorgan Chase & Co. grew its holdings in Fidelity Enhanced Small Cap ETF by 39,683.2% during the 4th quarter. JPMorgan Chase & Co. now owns 1,845,939 shares of the company’s stock worth $69,740,000 after acquiring an additional 1,841,299 shares during the last quarter. Tableaux LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF during the fourth quarter worth $68,706,000. Dynasty Wealth Management LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF during the fourth quarter worth $67,286,000. Quotient Wealth Partners LLC bought a new stake in shares of Fidelity Enhanced Small Cap ETF in the fourth quarter worth $66,765,000. Finally, LPL Financial LLC grew its stake in shares of Fidelity Enhanced Small Cap ETF by 66.6% in the fourth quarter. LPL Financial LLC now owns 4,286,386 shares of the company’s stock worth $161,940,000 after purchasing an additional 1,713,064 shares during the last quarter.

Fidelity Enhanced Small Cap ETF Stock Up 0.7%

NYSEARCA FESM opened at $47.17 on Thursday. The company has a market capitalization of $5.31 billion, a price-to-earnings ratio of 16.78 and a beta of 1.35. Fidelity Enhanced Small Cap ETF has a twelve month low of $31.32 and a twelve month high of $47.71. The stock has a fifty day simple moving average of $44.46 and a 200 day simple moving average of $41.02.

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.