LongView Wealth Management bought a new position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 15,819 shares of the company’s stock, valued at approximately $629,000.
Several other large investors have also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its holdings in Fidelity Enhanced Small Cap ETF by 44.1% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,481,901 shares of the company’s stock valued at $90,738,000 after buying an additional 759,702 shares during the period. Vantagepoint Investment Advisers LLC bought a new stake in Fidelity Enhanced Small Cap ETF in the third quarter worth $51,358,000. Calamos Wealth Management LLC purchased a new position in Fidelity Enhanced Small Cap ETF during the third quarter worth $33,876,000. TruWealth Advisors LLC bought a new position in Fidelity Enhanced Small Cap ETF during the fourth quarter valued at $34,145,000. Finally, Wellington Management Group LLP bought a new position in Fidelity Enhanced Small Cap ETF during the third quarter valued at $15,570,000.
Fidelity Enhanced Small Cap ETF Trading Down 1.6%
Shares of FESM opened at $37.99 on Friday. The company’s fifty day simple moving average is $39.51 and its 200-day simple moving average is $38.11. The company has a market cap of $3.64 billion, a P/E ratio of 16.78 and a beta of 1.48. Fidelity Enhanced Small Cap ETF has a twelve month low of $25.19 and a twelve month high of $41.28.
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.
Recommended Stories
Want to see what other hedge funds are holding FESM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report).
Receive News & Ratings for Fidelity Enhanced Small Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Enhanced Small Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
