Barnes Pettey Financial Advisors LLC Invests $512,000 in Fidelity Enhanced Small Cap ETF $FESM

Barnes Pettey Financial Advisors LLC acquired a new stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) in the 1st quarter, Holdings Channel.com reports. The fund acquired 13,469 shares of the company’s stock, valued at approximately $512,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Harbor Asset Planning Inc. lifted its position in Fidelity Enhanced Small Cap ETF by 18.1% during the fourth quarter. Harbor Asset Planning Inc. now owns 1,954 shares of the company’s stock worth $74,000 after purchasing an additional 299 shares during the period. KWB Wealth raised its position in Fidelity Enhanced Small Cap ETF by 3.9% during the fourth quarter. KWB Wealth now owns 9,984 shares of the company’s stock valued at $377,000 after purchasing an additional 371 shares in the last quarter. Valmark Advisers Inc. raised its position in Fidelity Enhanced Small Cap ETF by 1.6% during the fourth quarter. Valmark Advisers Inc. now owns 29,792 shares of the company’s stock valued at $1,126,000 after purchasing an additional 476 shares in the last quarter. Balance Wealth LLC lifted its stake in Fidelity Enhanced Small Cap ETF by 1.8% during the fourth quarter. Balance Wealth LLC now owns 27,965 shares of the company’s stock worth $1,057,000 after purchasing an additional 498 shares during the last quarter. Finally, Madison Wealth Partners Inc boosted its holdings in shares of Fidelity Enhanced Small Cap ETF by 3.8% in the 4th quarter. Madison Wealth Partners Inc now owns 13,509 shares of the company’s stock valued at $510,000 after purchasing an additional 498 shares in the last quarter.

Fidelity Enhanced Small Cap ETF Stock Down 0.4%

Shares of FESM stock opened at $48.12 on Thursday. The company has a market cap of $6.14 billion, a P/E ratio of 16.78 and a beta of 1.29. Fidelity Enhanced Small Cap ETF has a twelve month low of $31.72 and a twelve month high of $48.62. The business has a fifty day simple moving average of $45.07 and a 200 day simple moving average of $41.35.

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.