IAG Wealth Partners LLC Buys 26,698 Shares of Fidelity Enhanced Small Cap ETF $FESM

IAG Wealth Partners LLC increased its position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 28.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 121,321 shares of the company’s stock after acquiring an additional 26,698 shares during the quarter. IAG Wealth Partners LLC owned about 0.11% of Fidelity Enhanced Small Cap ETF worth $4,610,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in Fidelity Enhanced Small Cap ETF by 39,683.2% in the fourth quarter. JPMorgan Chase & Co. now owns 1,845,939 shares of the company’s stock valued at $69,740,000 after buying an additional 1,841,299 shares in the last quarter. Tableaux LLC bought a new stake in shares of Fidelity Enhanced Small Cap ETF during the fourth quarter worth $68,706,000. Dynasty Wealth Management LLC bought a new stake in shares of Fidelity Enhanced Small Cap ETF during the fourth quarter worth $67,286,000. Quotient Wealth Partners LLC acquired a new stake in shares of Fidelity Enhanced Small Cap ETF during the fourth quarter worth $66,765,000. Finally, LPL Financial LLC raised its holdings in shares of Fidelity Enhanced Small Cap ETF by 66.6% during the fourth quarter. LPL Financial LLC now owns 4,286,386 shares of the company’s stock worth $161,940,000 after acquiring an additional 1,713,064 shares during the period.

Fidelity Enhanced Small Cap ETF Price Performance

FESM stock opened at $47.00 on Thursday. The stock has a market capitalization of $5.66 billion, a P/E ratio of 16.78 and a beta of 1.29. Fidelity Enhanced Small Cap ETF has a fifty-two week low of $31.72 and a fifty-two week high of $48.62. The business has a 50-day moving average of $45.56 and a 200-day moving average of $41.68.

Fidelity Enhanced Small Cap ETF Company 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.