Parkside Investments LLC increased its position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report) by 5.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 402,136 shares of the company’s stock after acquiring an additional 19,753 shares during the period. Fidelity Enhanced Small Cap ETF makes up 2.1% of Parkside Investments LLC’s portfolio, making the stock its 11th biggest position. Parkside Investments LLC’s holdings in Fidelity Enhanced Small Cap ETF were worth $18,076,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of FESM. Fifth Third Bancorp bought a new position in Fidelity Enhanced Small Cap ETF in the 1st quarter worth about $105,807,000. Cetera Investment Advisers increased its stake in shares of Fidelity Enhanced Small Cap ETF by 46.8% in the first quarter. Cetera Investment Advisers now owns 1,962,108 shares of the company’s stock valued at $74,560,000 after purchasing an additional 625,917 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Fidelity Enhanced Small Cap ETF by 41.6% during the second quarter. Envestnet Asset Management Inc. now owns 1,501,451 shares of the company’s stock valued at $72,505,000 after buying an additional 441,088 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of Fidelity Enhanced Small Cap ETF by 30.7% during the first quarter. Royal Bank of Canada now owns 1,220,056 shares of the company’s stock valued at $46,363,000 after buying an additional 286,625 shares during the last quarter. Finally, Calamos Advisors LLC raised its holdings in shares of Fidelity Enhanced Small Cap ETF by 2,467.3% during the first quarter. Calamos Advisors LLC now owns 1,053,734 shares of the company’s stock valued at $40,042,000 after buying an additional 1,012,689 shares during the last quarter.
Fidelity Enhanced Small Cap ETF Trading Up 1.7%
Shares of NYSEARCA FESM opened at $45.17 on Wednesday. The stock has a 50 day simple moving average of $46.37 and a 200-day simple moving average of $45.57. The company has a market cap of $6.55 billion, a PE ratio of 16.78 and a beta of 1.32. Fidelity Enhanced Small Cap ETF has a 12-month low of $34.83 and a 12-month 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.
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