tru Independence LLC Boosts Holdings in Fidelity Enhanced Small Cap ETF $FESM

tru Independence LLC boosted its stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 477.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 94,425 shares of the company’s stock after acquiring an additional 78,063 shares during the period. tru Independence LLC owned 0.12% of Fidelity Enhanced Small Cap ETF worth $3,452,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Royal Bank of Canada increased its stake in shares of Fidelity Enhanced Small Cap ETF by 4.2% during the 1st quarter. Royal Bank of Canada now owns 207,226 shares of the company’s stock worth $6,109,000 after purchasing an additional 8,269 shares during the last quarter. Modus Advisors LLC purchased a new stake in Fidelity Enhanced Small Cap ETF in the second quarter worth $3,672,000. Little House Capital LLC increased its position in Fidelity Enhanced Small Cap ETF by 2.8% in the second quarter. Little House Capital LLC now owns 368,493 shares of the company’s stock worth $11,788,000 after buying an additional 10,114 shares during the last quarter. Lincoln Capital Corp raised its stake in shares of Fidelity Enhanced Small Cap ETF by 16.1% in the second quarter. Lincoln Capital Corp now owns 88,477 shares of the company’s stock valued at $2,830,000 after buying an additional 12,286 shares during the period. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of Fidelity Enhanced Small Cap ETF in the second quarter valued at $613,000.

Fidelity Enhanced Small Cap ETF Price Performance

Shares of NYSEARCA FESM opened at $39.43 on Friday. The stock has a market capitalization of $3.51 billion, a PE ratio of 16.78 and a beta of 1.48. Fidelity Enhanced Small Cap ETF has a one year low of $25.19 and a one year high of $39.46. The business’s fifty day moving average price is $37.67 and its 200-day moving average price is $35.78.

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.