1,404,752 Shares in Fidelity Enhanced Small Cap ETF $FESM Acquired by Vantagepoint Investment Advisers LLC

Vantagepoint Investment Advisers LLC purchased a new position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 1,404,752 shares of the company’s stock, valued at approximately $51,358,000.

A number of other hedge funds have also recently added to or reduced their stakes in FESM. Carolina Wealth Advisors LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF during the second quarter worth approximately $31,000. Farther Finance Advisors LLC acquired a new stake in Fidelity Enhanced Small Cap ETF in the 2nd quarter valued at $36,000. Harbor Asset Planning Inc. bought a new stake in Fidelity Enhanced Small Cap ETF during the 3rd quarter valued at $61,000. Cullen Frost Bankers Inc. acquired a new position in Fidelity Enhanced Small Cap ETF during the second quarter worth $55,000. Finally, Ameritas Advisory Services LLC bought a new position in shares of Fidelity Enhanced Small Cap ETF in the second quarter valued at $77,000.

Fidelity Enhanced Small Cap ETF Price Performance

NYSEARCA:FESM opened at $40.33 on Friday. Fidelity Enhanced Small Cap ETF has a one year low of $25.19 and a one year high of $41.28. The company has a market cap of $3.71 billion, a PE ratio of 16.78 and a beta of 1.48. The firm has a 50-day moving average of $38.41 and a 200-day moving average of $36.43.

About Fidelity Enhanced Small Cap ETF

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.