Geneva Partners LLC raised its stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report) by 10.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,738 shares of the company’s stock after buying an additional 1,963 shares during the quarter. Geneva Partners LLC owned about 0.11% of Fidelity Enhanced Small Cap ETF worth $671,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. AdvisorNet Financial Inc grew its stake in shares of Fidelity Enhanced Small Cap ETF by 471.8% during the 4th quarter. AdvisorNet Financial Inc now owns 2,213 shares of the company’s stock worth $72,000 after acquiring an additional 1,826 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in Fidelity Enhanced Small Cap ETF in the 4th quarter valued at $201,000. Cornerstone Wealth Management LLC acquired a new stake in Fidelity Enhanced Small Cap ETF in the 4th quarter valued at $210,000. Brighton Jones LLC bought a new stake in Fidelity Enhanced Small Cap ETF during the 3rd quarter worth about $263,000. Finally, Greenwood Capital Associates LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF during the 4th quarter worth about $325,000.
Fidelity Enhanced Small Cap ETF Stock Performance
NYSEARCA:FESM opened at $34.01 on Thursday. Fidelity Enhanced Small Cap ETF has a 52-week low of $27.33 and a 52-week high of $36.13. The company has a market cap of $663.88 million, a P/E ratio of 16.61 and a beta of 1.22. The stock’s 50-day simple moving average is $33.67 and its 200 day simple moving average is $32.60.
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.
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