Vantagepoint Investment Advisers LLC Purchases Shares of 1,404,752 Fidelity Enhanced Small Cap ETF $FESM

Vantagepoint Investment Advisers LLC acquired a new position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,404,752 shares of the company’s stock, valued at approximately $51,358,000. Vantagepoint Investment Advisers LLC owned approximately 1.81% of Fidelity Enhanced Small Cap ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FESM. Northwestern Mutual Wealth Management Co. grew its stake in Fidelity Enhanced Small Cap ETF by 71.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,722,199 shares of the company’s stock worth $55,093,000 after purchasing an additional 716,411 shares during the period. Calamos Wealth Management LLC bought a new position in shares of Fidelity Enhanced Small Cap ETF during the 3rd quarter worth approximately $33,876,000. Envestnet Asset Management Inc. grew its position in shares of Fidelity Enhanced Small Cap ETF by 3.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 419,351 shares of the company’s stock worth $13,415,000 after buying an additional 14,574 shares during the period. Sagespring Wealth Partners LLC increased its stake in shares of Fidelity Enhanced Small Cap ETF by 5.5% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 314,083 shares of the company’s stock valued at $11,483,000 after acquiring an additional 16,293 shares in the last quarter. Finally, Osaic Holdings Inc. increased its stake in shares of Fidelity Enhanced Small Cap ETF by 61.8% in the 2nd quarter. Osaic Holdings Inc. now owns 264,590 shares of the company’s stock valued at $8,465,000 after acquiring an additional 101,093 shares in the last quarter.

Fidelity Enhanced Small Cap ETF Stock Down 1.8%

Shares of NYSEARCA FESM opened at $40.33 on Friday. The firm has a market cap of $3.71 billion, a PE ratio of 16.78 and a beta of 1.48. The company’s fifty day simple moving average is $38.41 and its 200 day simple moving average is $36.43. Fidelity Enhanced Small Cap ETF has a 12-month low of $25.19 and a 12-month high of $41.28.

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.