Fidelity Enhanced Small Cap ETF $FESM Shares Purchased by Parkside Investments LLC

Parkside Investments LLC boosted its holdings in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 26.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 300,828 shares of the company’s stock after buying an additional 63,678 shares during the period. Fidelity Enhanced Small Cap ETF accounts for approximately 1.4% of Parkside Investments LLC’s holdings, making the stock its 19th largest holding. Parkside Investments LLC’s holdings in Fidelity Enhanced Small Cap ETF were worth $11,365,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC boosted its stake in Fidelity Enhanced Small Cap ETF by 69.7% in the 3rd quarter. Cornerstone Planning Group LLC now owns 750 shares of the company’s stock worth $28,000 after buying an additional 308 shares during the last quarter. Harbor Asset Planning Inc. boosted its stake in Fidelity Enhanced Small Cap ETF by 18.1% in the 4th quarter. Harbor Asset Planning Inc. now owns 1,954 shares of the company’s stock worth $74,000 after buying an additional 299 shares during the last quarter. PNC Financial Services Group Inc. acquired a new stake in Fidelity Enhanced Small Cap ETF in the 4th quarter worth about $83,000. IFP Advisors Inc acquired a new stake in Fidelity Enhanced Small Cap ETF in the 4th quarter worth about $85,000. Finally, Piscataqua Savings Bank acquired a new stake in Fidelity Enhanced Small Cap ETF in the 4th quarter worth about $94,000.

Fidelity Enhanced Small Cap ETF Price Performance

Fidelity Enhanced Small Cap ETF stock opened at $44.81 on Tuesday. The stock’s 50-day moving average is $41.17 and its 200-day moving average is $39.63. The company has a market cap of $5.04 billion, a price-to-earnings ratio of 16.78 and a beta of 1.37. Fidelity Enhanced Small Cap ETF has a 12 month low of $29.70 and a 12 month high of $45.14.

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.