Fidelity Enhanced Small Cap ETF $FESM Stock Sold by Vantagepoint Investment Advisers LLC

Vantagepoint Investment Advisers LLC cut its position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 86.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,363,198 shares of the company’s stock after selling 8,675,554 shares during the quarter. Vantagepoint Investment Advisers LLC owned 0.93% of Fidelity Enhanced Small Cap ETF worth $61,276,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in FESM. Fifth Third Bancorp acquired a new position in shares of Fidelity Enhanced Small Cap ETF in the first quarter valued at approximately $105,807,000. Cetera Investment Advisers raised its holdings in Fidelity Enhanced Small Cap ETF by 46.8% in the 1st quarter. Cetera Investment Advisers now owns 1,962,108 shares of the company’s stock valued at $74,560,000 after buying an additional 625,917 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Fidelity Enhanced Small Cap ETF by 41.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,501,451 shares of the company’s stock valued at $72,505,000 after buying an additional 441,088 shares during the last quarter. Royal Bank of Canada raised its holdings in Fidelity Enhanced Small Cap ETF by 30.7% in the 1st quarter. Royal Bank of Canada now owns 1,220,056 shares of the company’s stock valued at $46,363,000 after buying an additional 286,625 shares during the last quarter. Finally, Waverly Advisors LLC acquired a new stake in Fidelity Enhanced Small Cap ETF during the 2nd quarter worth approximately $45,744,000.

Fidelity Enhanced Small Cap ETF Price Performance

NYSEARCA:FESM opened at $45.30 on Tuesday. Fidelity Enhanced Small Cap ETF has a one year low of $34.83 and a one year high of $48.93. The company has a market cap of $6.63 billion, a PE ratio of 16.78 and a beta of 1.32. The firm’s 50 day simple moving average is $46.13 and its 200 day simple moving average is $43.75.

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.