Fidelity Enhanced Small Cap ETF $FESM Shares Acquired by Modus Advisors LLC

Modus Advisors LLC boosted its position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 14.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 131,395 shares of the company’s stock after purchasing an additional 16,612 shares during the quarter. Fidelity Enhanced Small Cap ETF comprises 1.3% of Modus Advisors LLC’s holdings, making the stock its 29th biggest position. Modus Advisors LLC owned approximately 0.17% of Fidelity Enhanced Small Cap ETF worth $4,804,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada increased its stake in shares of Fidelity Enhanced Small Cap ETF by 4.2% in the first quarter. Royal Bank of Canada now owns 207,226 shares of the company’s stock valued at $6,109,000 after purchasing an additional 8,269 shares during the period. Ameritas Advisory Services LLC bought a new position in Fidelity Enhanced Small Cap ETF in the 2nd quarter worth approximately $77,000. Valmark Advisers Inc. bought a new position in Fidelity Enhanced Small Cap ETF in the 2nd quarter worth approximately $900,000. Croban increased its position in Fidelity Enhanced Small Cap ETF by 7.7% in the 2nd quarter. Croban now owns 39,337 shares of the company’s stock valued at $1,258,000 after acquiring an additional 2,819 shares during the period. Finally, Concurrent Investment Advisors LLC bought a new stake in Fidelity Enhanced Small Cap ETF during the 2nd quarter valued at $392,000.

Fidelity Enhanced Small Cap ETF Stock Performance

Shares of FESM stock opened at $38.94 on Friday. Fidelity Enhanced Small Cap ETF has a 1 year low of $25.19 and a 1 year high of $41.28. The firm has a market capitalization of $3.73 billion, a PE ratio of 16.78 and a beta of 1.48. The stock has a fifty day moving average of $39.05 and a two-hundred day moving average of $36.85.

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.