14,091 Shares in Fidelity Enhanced Small Cap ETF $FESM Purchased by World Investment Advisors

World Investment Advisors acquired a new position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 14,091 shares of the company’s stock, valued at approximately $532,000.

Several other institutional investors and hedge funds also recently bought and sold shares of FESM. Clearwave Capital LLC purchased a new stake in shares of Fidelity Enhanced Small Cap ETF in the fourth quarter worth approximately $2,318,000. Sunbelt Securities Inc. grew its position in Fidelity Enhanced Small Cap ETF by 22.9% during the fourth quarter. Sunbelt Securities Inc. now owns 26,859 shares of the company’s stock valued at $1,015,000 after purchasing an additional 5,006 shares in the last quarter. Skyview Financial Group LLC acquired a new position in Fidelity Enhanced Small Cap ETF in the 4th quarter valued at approximately $1,051,000. Kastel Capital Advisors LLC acquired a new position in Fidelity Enhanced Small Cap ETF in the 4th quarter valued at approximately $544,000. Finally, NewEdge Advisors LLC lifted its position in Fidelity Enhanced Small Cap ETF by 6.4% in the 4th quarter. NewEdge Advisors LLC now owns 99,498 shares of the company’s stock worth $3,759,000 after buying an additional 5,943 shares in the last quarter.

Fidelity Enhanced Small Cap ETF Stock Down 0.8%

FESM stock opened at $46.84 on Wednesday. The company has a 50 day moving average of $44.33 and a two-hundred day moving average of $40.96. The company has a market cap of $5.27 billion, a price-to-earnings ratio of 16.78 and a beta of 1.35. Fidelity Enhanced Small Cap ETF has a 12-month low of $31.24 and a 12-month high of $47.42.

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.