Concurrent Investment Advisors LLC bought a new position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 12,260 shares of the company’s stock, valued at approximately $392,000.
A number of other large investors have also added to or reduced their stakes in FESM. Carolina Wealth Advisors LLC purchased a new position in shares of Fidelity Enhanced Small Cap ETF in the second quarter worth $31,000. Farther Finance Advisors LLC purchased a new position in shares of Fidelity Enhanced Small Cap ETF during the 2nd quarter worth $36,000. Ameritas Advisory Services LLC bought a new stake in shares of Fidelity Enhanced Small Cap ETF during the 2nd quarter valued at $77,000. Private Trust Co. NA increased its stake in shares of Fidelity Enhanced Small Cap ETF by 121.8% in the 1st quarter. Private Trust Co. NA now owns 4,868 shares of the company’s stock worth $144,000 after purchasing an additional 2,673 shares in the last quarter. Finally, Register Financial Advisors LLC bought a new stake in Fidelity Enhanced Small Cap ETF during the second quarter valued at about $181,000.
Fidelity Enhanced Small Cap ETF Trading Down 0.6%
Fidelity Enhanced Small Cap ETF stock opened at $36.52 on Friday. Fidelity Enhanced Small Cap ETF has a 12-month low of $25.19 and a 12-month high of $37.58. The firm has a market capitalization of $2.74 billion, a price-to-earnings ratio of 16.78 and a beta of 1.22. The firm has a 50 day moving average of $35.83 and a 200 day moving average of $32.43.
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.
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