Dahring Cusmano LLC Purchases 38,537 Shares of Fidelity Enhanced Small Cap ETF $FESM

Dahring Cusmano LLC grew its position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 14.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 306,710 shares of the company’s stock after buying an additional 38,537 shares during the period. Fidelity Enhanced Small Cap ETF comprises approximately 7.2% of Dahring Cusmano LLC’s portfolio, making the stock its 4th biggest holding. Dahring Cusmano LLC’s holdings in Fidelity Enhanced Small Cap ETF were worth $11,655,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in FESM. Fifth Third Bancorp purchased a new stake in Fidelity Enhanced Small Cap ETF during the first quarter worth $105,807,000. JPMorgan Chase & Co. increased its holdings in Fidelity Enhanced Small Cap ETF by 39,683.2% in the fourth quarter. JPMorgan Chase & Co. now owns 1,845,939 shares of the company’s stock valued at $69,740,000 after buying an additional 1,841,299 shares in the last quarter. Tableaux LLC purchased a new position in Fidelity Enhanced Small Cap ETF in the fourth quarter valued at $68,706,000. Dynasty Wealth Management LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF in the fourth quarter worth about $67,286,000. Finally, Quotient Wealth Partners LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF in the fourth quarter worth about $66,765,000.

Fidelity Enhanced Small Cap ETF Stock Down 0.0%

FESM stock opened at $47.54 on Friday. The company’s 50-day simple moving average is $46.01 and its 200-day simple moving average is $42.05. Fidelity Enhanced Small Cap ETF has a 52-week low of $31.72 and a 52-week high of $48.62. The firm has a market cap of $5.83 billion, a P/E ratio of 16.78 and a beta of 1.29.

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.