Investment Advisory Services Inc. TX ADV grew its stake in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report) by 60.9% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 78,873 shares of the company’s stock after purchasing an additional 29,840 shares during the quarter. Fidelity Enhanced Small Cap ETF makes up approximately 1.0% of Investment Advisory Services Inc. TX ADV’s portfolio, making the stock its 28th biggest position. Investment Advisory Services Inc. TX ADV owned 0.07% of Fidelity Enhanced Small Cap ETF worth $2,997,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Johnson Financial Group Inc. purchased a new position in shares of Fidelity Enhanced Small Cap ETF in the fourth quarter worth $66,000. Harbor Asset Planning Inc. boosted its position in Fidelity Enhanced Small Cap ETF by 18.1% during the 4th quarter. Harbor Asset Planning Inc. now owns 1,954 shares of the company’s stock valued at $74,000 after buying an additional 299 shares during the period. PNC Financial Services Group Inc. bought a new stake in Fidelity Enhanced Small Cap ETF in the 4th quarter worth $83,000. IFP Advisors Inc bought a new stake in Fidelity Enhanced Small Cap ETF in the 4th quarter worth $85,000. Finally, Piscataqua Savings Bank bought a new stake in Fidelity Enhanced Small Cap ETF in the 4th quarter worth $94,000.
Fidelity Enhanced Small Cap ETF Trading Down 0.8%
FESM stock opened at $46.84 on Wednesday. The stock has a market capitalization of $5.27 billion, a price-to-earnings ratio of 16.78 and a beta of 1.35. The firm’s 50-day moving average price is $44.33 and its two-hundred day moving average price is $40.96. Fidelity Enhanced Small Cap ETF has a 12-month low of $31.24 and a 12-month high of $47.42.
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.
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