SFG Wealth Management LLC. Invests $686,000 in Fidelity Enhanced Small Cap ETF $FESM

SFG Wealth Management LLC. purchased a new position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 14,215 shares of the company’s stock, valued at approximately $686,000.

Other large investors also recently bought and sold shares of the company. LPL Financial LLC grew its holdings in Fidelity Enhanced Small Cap ETF by 66.6% in the fourth quarter. LPL Financial LLC now owns 4,286,386 shares of the company’s stock worth $161,940,000 after purchasing an additional 1,713,064 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Fidelity Enhanced Small Cap ETF by 30.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,230,962 shares of the company’s stock valued at $122,066,000 after purchasing an additional 749,061 shares during the last quarter. Fifth Third Bancorp purchased a new position in shares of Fidelity Enhanced Small Cap ETF during the first quarter valued at approximately $105,807,000. Commonwealth Equity Services LLC boosted its position in shares of Fidelity Enhanced Small Cap ETF by 39.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 2,225,336 shares of the company’s stock worth $84,073,000 after purchasing an additional 624,608 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of Fidelity Enhanced Small Cap ETF by 46.8% in the 1st quarter. Cetera Investment Advisers now owns 1,962,108 shares of the company’s stock worth $74,560,000 after purchasing an additional 625,917 shares in the last quarter.

Fidelity Enhanced Small Cap ETF Stock Up 0.2%

Fidelity Enhanced Small Cap ETF stock opened at $47.36 on Friday. The company has a market capitalization of $6.10 billion, a P/E ratio of 16.78 and a beta of 1.30. The stock’s 50 day moving average is $47.60 and its 200 day moving average is $44.03. Fidelity Enhanced Small Cap ETF has a twelve month low of $34.83 and a twelve month high of $48.93.

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.