Parallel Advisors LLC Purchases 115,016 Shares of Fidelity Enhanced Small Cap ETF $FESM

Parallel Advisors LLC grew its position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 16,430.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 115,716 shares of the company’s stock after buying an additional 115,016 shares during the quarter. Parallel Advisors LLC owned 0.08% of Fidelity Enhanced Small Cap ETF worth $5,201,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Commonwealth Equity Services LLC acquired a new position in Fidelity Enhanced Small Cap ETF during the 3rd quarter worth about $127,267,000. Fifth Third Bancorp purchased a new position in Fidelity Enhanced Small Cap ETF during the 1st quarter valued at about $105,807,000. Calamos Wealth Management LLC purchased a new position in Fidelity Enhanced Small Cap ETF during the 3rd quarter valued at about $49,341,000. Calamos Advisors LLC boosted its holdings in Fidelity Enhanced Small Cap ETF by 2,467.3% during the 1st quarter. Calamos Advisors LLC now owns 1,053,734 shares of the company’s stock valued at $40,042,000 after acquiring an additional 1,012,689 shares during the period. Finally, Waverly Advisors LLC acquired a new position in Fidelity Enhanced Small Cap ETF in the 2nd quarter valued at about $45,744,000.

Fidelity Enhanced Small Cap ETF Price Performance

NYSEARCA FESM opened at $44.33 on Friday. The company has a market cap of $6.57 billion, a P/E ratio of 18.06 and a beta of 1.31. The stock has a 50-day moving average of $45.67 and a two-hundred day moving average of $44.01. Fidelity Enhanced Small Cap ETF has a 1-year low of $34.83 and a 1-year high of $48.93.

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.