Greenwood Capital Associates LLC Grows Stock Holdings in Fidelity Enhanced Small Cap ETF $FESM

Greenwood Capital Associates LLC raised its holdings in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 20.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 34,969 shares of the company’s stock after purchasing an additional 5,820 shares during the period. Greenwood Capital Associates LLC owned 0.06% of Fidelity Enhanced Small Cap ETF worth $1,119,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Farther Finance Advisors LLC purchased a new stake in shares of Fidelity Enhanced Small Cap ETF in the second quarter valued at about $36,000. Private Trust Co. NA raised its position in shares of 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 valued at $144,000 after buying an additional 2,673 shares during the last quarter. Register Financial Advisors LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF in the second quarter valued at approximately $181,000. KWB Wealth acquired a new position in Fidelity Enhanced Small Cap ETF during the second quarter worth approximately $210,000. Finally, Stephens Inc. AR acquired a new position in Fidelity Enhanced Small Cap ETF during the first quarter worth approximately $222,000.

Fidelity Enhanced Small Cap ETF Stock Performance

Shares of FESM stock opened at $36.71 on Friday. Fidelity Enhanced Small Cap ETF has a one year low of $25.19 and a one year high of $37.33. The company has a 50 day moving average price of $35.01 and a 200 day moving average price of $31.92. The firm has a market capitalization of $2.24 billion, a price-to-earnings ratio of 16.78 and a beta of 1.22.

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.