Quotient Wealth Partners LLC Has $66.53 Million Stock Position in Fidelity Enhanced Small Cap ETF $FESM

Quotient Wealth Partners LLC lowered its holdings in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 0.9% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 1,750,838 shares of the company’s stock after selling 16,362 shares during the period. Fidelity Enhanced Small Cap ETF accounts for approximately 1.8% of Quotient Wealth Partners LLC’s holdings, making the stock its 15th largest position. Quotient Wealth Partners LLC owned about 1.62% of Fidelity Enhanced Small Cap ETF worth $66,532,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Nations Financial Group Inc. IA ADV lifted its position in shares of Fidelity Enhanced Small Cap ETF by 51.3% in the first quarter. Nations Financial Group Inc. IA ADV now owns 33,251 shares of the company’s stock valued at $1,264,000 after buying an additional 11,275 shares during the last quarter. World Investment Advisors acquired a new position in shares of Fidelity Enhanced Small Cap ETF during the 4th quarter worth approximately $532,000. Clearwave Capital LLC bought a new stake in Fidelity Enhanced Small Cap ETF in the 4th quarter valued at $2,318,000. Sunbelt Securities Inc. lifted its holdings in Fidelity Enhanced Small Cap ETF by 22.9% during the 4th quarter. Sunbelt Securities Inc. now owns 26,859 shares of the company’s stock valued at $1,015,000 after purchasing an additional 5,006 shares during the last quarter. Finally, Skyview Financial Group LLC acquired a new stake in Fidelity Enhanced Small Cap ETF during the 4th quarter valued at $1,051,000.

Fidelity Enhanced Small Cap ETF Price Performance

FESM stock opened at $46.77 on Friday. The company has a fifty day moving average price of $44.05 and a two-hundred day moving average price of $40.81. Fidelity Enhanced Small Cap ETF has a one year low of $30.37 and a one year high of $47.11. The stock has a market cap of $5.26 billion, a price-to-earnings ratio of 16.78 and a beta of 1.35.

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.