12,000 Shares in Fidelity Enhanced Small Cap ETF $FESM Acquired by Bay Capital Advisors LLC

Bay Capital Advisors LLC bought a new position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 12,000 shares of the company’s stock, valued at approximately $539,000.

Several other large investors have also added to or reduced their stakes in the company. Fifth Third Bancorp bought a new position in shares of Fidelity Enhanced Small Cap ETF in the first quarter worth approximately $105,807,000. Cetera Investment Advisers increased its stake in shares of Fidelity Enhanced Small Cap ETF by 46.8% in the first quarter. Cetera Investment Advisers now owns 1,962,108 shares of the company’s stock worth $74,560,000 after purchasing an additional 625,917 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Fidelity Enhanced Small Cap ETF by 41.6% in the second quarter. Envestnet Asset Management Inc. now owns 1,501,451 shares of the company’s stock worth $72,505,000 after purchasing an additional 441,088 shares in the last quarter. Royal Bank of Canada raised its position in shares of Fidelity Enhanced Small Cap ETF by 30.7% during the 1st quarter. Royal Bank of Canada now owns 1,220,056 shares of the company’s stock valued at $46,363,000 after purchasing an additional 286,625 shares during the period. Finally, Waverly Advisors LLC bought a new stake in shares of Fidelity Enhanced Small Cap ETF during the 2nd quarter valued at $45,744,000.

Fidelity Enhanced Small Cap ETF Price Performance

Shares of FESM stock opened at $44.20 on Friday. Fidelity Enhanced Small Cap ETF has a one year low of $34.83 and a one year high of $48.93. The company’s fifty day moving average price is $46.51 and its 200-day moving average price is $45.42. The company has a market capitalization of $6.40 billion, a price-to-earnings ratio of 16.78 and a beta of 1.32.

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.