Prime Capital Investment Advisors LLC Decreases Holdings in Fidelity Enhanced Small Cap ETF $FESM

Prime Capital Investment Advisors LLC decreased its position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 35.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 363,126 shares of the company’s stock after selling 201,338 shares during the quarter. Prime Capital Investment Advisors LLC owned 0.60% of Fidelity Enhanced Small Cap ETF worth $11,616,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Carolina Wealth Advisors LLC purchased a new position in shares of Fidelity Enhanced Small Cap ETF during the second quarter worth approximately $31,000. Farther Finance Advisors LLC bought a new position in shares of Fidelity Enhanced Small Cap ETF during the 2nd quarter valued at $36,000. Ameritas Advisory Services LLC purchased a new position in Fidelity Enhanced Small Cap ETF in the 2nd quarter worth $77,000. Private Trust Co. NA lifted its stake in Fidelity Enhanced Small Cap ETF by 121.8% in the first 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 during the last quarter. Finally, Register Financial Advisors LLC purchased a new stake in Fidelity Enhanced Small Cap ETF during the second quarter valued at about $181,000.

Fidelity Enhanced Small Cap ETF Trading Up 0.6%

Shares of NYSEARCA:FESM opened at $36.93 on Monday. The stock has a market capitalization of $2.53 billion, a P/E ratio of 16.78 and a beta of 1.22. The stock’s 50-day moving average price is $35.09 and its 200-day moving average price is $31.98. Fidelity Enhanced Small Cap ETF has a 12-month low of $25.19 and a 12-month high of $37.33.

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.