Parkside Investments LLC Grows Position in Fidelity Enhanced Small Cap ETF $FESM

Parkside Investments LLC boosted its holdings in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 26.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 300,828 shares of the company’s stock after acquiring an additional 63,678 shares during the quarter. Fidelity Enhanced Small Cap ETF comprises approximately 1.4% of Parkside Investments LLC’s portfolio, making the stock its 19th biggest holding. Parkside Investments LLC owned about 0.31% of Fidelity Enhanced Small Cap ETF worth $11,365,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Harbor Asset Planning Inc. raised its position in Fidelity Enhanced Small Cap ETF by 18.1% in the fourth quarter. Harbor Asset Planning Inc. now owns 1,954 shares of the company’s stock worth $74,000 after acquiring an additional 299 shares in the last quarter. Cornerstone Planning Group LLC raised its position in Fidelity Enhanced Small Cap ETF by 69.7% in the third quarter. Cornerstone Planning Group LLC now owns 750 shares of the company’s stock worth $28,000 after acquiring an additional 308 shares in the last quarter. KWB Wealth raised its position in Fidelity Enhanced Small Cap ETF by 3.9% in the fourth quarter. KWB Wealth now owns 9,984 shares of the company’s stock worth $377,000 after acquiring an additional 371 shares in the last quarter. Valmark Advisers Inc. raised its position in Fidelity Enhanced Small Cap ETF by 1.6% in the fourth quarter. Valmark Advisers Inc. now owns 29,792 shares of the company’s stock worth $1,126,000 after acquiring an additional 476 shares in the last quarter. Finally, Balance Wealth LLC raised its position in Fidelity Enhanced Small Cap ETF by 1.8% in the fourth quarter. Balance Wealth LLC now owns 27,965 shares of the company’s stock worth $1,057,000 after acquiring an additional 498 shares in the last quarter.

Fidelity Enhanced Small Cap ETF Stock Performance

NYSEARCA:FESM opened at $44.81 on Tuesday. The stock has a fifty day moving average price of $41.17 and a two-hundred day moving average price of $39.63. The stock has a market capitalization of $5.04 billion, a price-to-earnings ratio of 16.78 and a beta of 1.37. Fidelity Enhanced Small Cap ETF has a 1 year low of $29.70 and a 1 year high of $45.14.

Fidelity Enhanced Small Cap ETF Company 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.