Prime Capital Investment Advisors LLC Sells 201,338 Shares of Fidelity Enhanced Small Cap ETF $FESM

Prime Capital Investment Advisors LLC lessened its position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 35.7% during the second quarter, Holdings Channel.com reports. The fund owned 363,126 shares of the company’s stock after selling 201,338 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Fidelity Enhanced Small Cap ETF were worth $11,616,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of FESM. Carolina Wealth Advisors LLC bought a new stake in shares of Fidelity Enhanced Small Cap ETF in the second quarter worth about $31,000. Farther Finance Advisors LLC purchased a new stake in Fidelity Enhanced Small Cap ETF in the 2nd quarter worth approximately $36,000. Ameritas Advisory Services LLC purchased a new stake in Fidelity Enhanced Small Cap ETF in the 2nd quarter worth approximately $77,000. Private Trust Co. NA grew its position in shares of Fidelity Enhanced Small Cap ETF by 121.8% in the 1st quarter. Private Trust Co. NA now owns 4,868 shares of the company’s stock worth $144,000 after buying an additional 2,673 shares during the last quarter. Finally, Register Financial Advisors LLC purchased a new position in shares of Fidelity Enhanced Small Cap ETF during the second quarter valued at approximately $181,000.

Fidelity Enhanced Small Cap ETF Stock Up 0.6%

Shares of Fidelity Enhanced Small Cap ETF stock opened at $36.93 on Monday. The business has a 50 day moving average of $35.09 and a 200 day moving average of $31.98. Fidelity Enhanced Small Cap ETF has a 52 week low of $25.19 and a 52 week high of $37.33. The company has a market cap of $2.53 billion, a PE 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.