First Heartland Consultants Inc. Boosts Stake in Fidelity Enhanced Small Cap ETF $FESM

First Heartland Consultants Inc. lifted its holdings in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 42.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 196,379 shares of the company’s stock after acquiring an additional 58,707 shares during the quarter. First Heartland Consultants Inc. owned 0.16% of Fidelity Enhanced Small Cap ETF worth $9,843,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Dynamic Advisor Solutions LLC acquired a new stake in Fidelity Enhanced Small Cap ETF during the 2nd quarter valued at approximately $249,000. NewEdge Advisors LLC boosted its stake in shares of Fidelity Enhanced Small Cap ETF by 6.5% during the 1st quarter. NewEdge Advisors LLC now owns 105,938 shares of the company’s stock valued at $4,026,000 after buying an additional 6,440 shares during the last quarter. Verus Capital Partners LLC grew its position in shares of Fidelity Enhanced Small Cap ETF by 19.4% during the first quarter. Verus Capital Partners LLC now owns 7,918 shares of the company’s stock worth $301,000 after buying an additional 1,286 shares in the last quarter. Bank of America Corp DE grew its position in shares of Fidelity Enhanced Small Cap ETF by 284.6% during the first quarter. Bank of America Corp DE now owns 871,856 shares of the company’s stock worth $33,131,000 after buying an additional 645,168 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in shares of Fidelity Enhanced Small Cap ETF by 30.7% in the first quarter. Royal Bank of Canada now owns 1,220,056 shares of the company’s stock worth $46,363,000 after buying an additional 286,625 shares during the last quarter.

Fidelity Enhanced Small Cap ETF Price Performance

FESM opened at $48.32 on Friday. The stock has a market capitalization of $6.23 billion, a PE ratio of 16.78 and a beta of 1.31. The firm’s fifty day moving average price is $46.89 and its 200 day moving average price is $42.95. Fidelity Enhanced Small Cap ETF has a 12-month low of $33.07 and a 12-month high of $48.70.

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.