IAG Wealth Partners LLC Has $4.61 Million Stake in Fidelity Enhanced Small Cap ETF $FESM

IAG Wealth Partners LLC grew its position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 28.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 121,321 shares of the company’s stock after buying an additional 26,698 shares during the period. IAG Wealth Partners LLC’s holdings in Fidelity Enhanced Small Cap ETF were worth $4,610,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Armor Investment Advisors LLC acquired a new position in Fidelity Enhanced Small Cap ETF in the 1st quarter valued at $4,222,000. Clearwave Capital LLC grew its holdings in shares of Fidelity Enhanced Small Cap ETF by 11.4% during the 1st quarter. Clearwave Capital LLC now owns 68,321 shares of the company’s stock worth $2,596,000 after purchasing an additional 6,966 shares in the last quarter. Canvas Wealth Advisors LLC increased its position in shares of Fidelity Enhanced Small Cap ETF by 3.0% in the first quarter. Canvas Wealth Advisors LLC now owns 32,196 shares of the company’s stock worth $1,223,000 after purchasing an additional 942 shares during the period. Berger Financial Group Inc increased its position in shares of Fidelity Enhanced Small Cap ETF by 50.5% in the first quarter. Berger Financial Group Inc now owns 314,436 shares of the company’s stock worth $11,949,000 after purchasing an additional 105,492 shares during the period. Finally, Beacon Financial Advisory LLC raised its stake in Fidelity Enhanced Small Cap ETF by 55.6% in the first quarter. Beacon Financial Advisory LLC now owns 27,288 shares of the company’s stock valued at $1,037,000 after purchasing an additional 9,749 shares in the last quarter.

Fidelity Enhanced Small Cap ETF Trading Down 0.8%

Shares of NYSEARCA:FESM opened at $47.00 on Thursday. The firm has a 50 day moving average of $45.56 and a 200-day moving average of $41.68. Fidelity Enhanced Small Cap ETF has a 12 month low of $31.72 and a 12 month high of $48.62. The stock has a market capitalization of $5.66 billion, a PE ratio of 16.78 and a beta of 1.29.

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.