Curtis Advisory Group LLC reduced its holdings in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report) by 85.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 8,701 shares of the company’s stock after selling 51,701 shares during the quarter. Curtis Advisory Group LLC’s holdings in Fidelity Enhanced Small Cap ETF were worth $391,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in the business. D.A. Davidson & CO. purchased a new stake in Fidelity Enhanced Small Cap ETF in the third quarter worth $2,499,000. VestGen Advisors LLC boosted its holdings in Fidelity Enhanced Small Cap ETF by 24.6% in the third quarter. VestGen Advisors LLC now owns 9,331 shares of the company’s stock valued at $419,000 after acquiring an additional 1,840 shares in the last quarter. Latitude Advisors LLC purchased a new position in Fidelity Enhanced Small Cap ETF during the 3rd quarter valued at $164,000. Balance Wealth Partners LLC purchased a new position in Fidelity Enhanced Small Cap ETF during the 3rd quarter valued at $31,000. Finally, Investment Advisory Services Inc. TX ADV bought a new position in Fidelity Enhanced Small Cap ETF in the 3rd quarter worth $9,224,000.
Fidelity Enhanced Small Cap ETF Trading Down 1.7%
Shares of NYSEARCA FESM opened at $45.47 on Friday. The firm has a fifty day simple moving average of $45.94 and a two-hundred day simple moving average of $43.88. Fidelity Enhanced Small Cap ETF has a 12 month low of $34.83 and a 12 month high of $48.93. The firm has a market capitalization of $6.69 billion, a PE ratio of 16.78 and a beta of 1.32.
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.
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Want to see what other hedge funds are holding FESM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report).
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