Calamos Wealth Management LLC Makes New Investment in Fidelity Enhanced Small Cap ETF $FESM

Calamos Wealth Management LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,097,677 shares of the company’s stock, valued at approximately $49,341,000. Fidelity Enhanced Small Cap ETF comprises about 1.4% of Calamos Wealth Management LLC’s investment portfolio, making the stock its 16th largest position. Calamos Wealth Management LLC owned approximately 0.74% of Fidelity Enhanced Small Cap ETF as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Commonwealth Equity Services LLC purchased a new stake in shares of Fidelity Enhanced Small Cap ETF in the third quarter valued at about $127,267,000. Fifth Third Bancorp acquired a new stake in shares of Fidelity Enhanced Small Cap ETF during the first quarter worth about $105,807,000. Cetera Investment Advisers boosted its stake in shares of Fidelity Enhanced Small Cap ETF by 46.8% during the first quarter. Cetera Investment Advisers now owns 1,962,108 shares of the company’s stock worth $74,560,000 after buying an additional 625,917 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Fidelity Enhanced Small Cap ETF by 41.6% during the second quarter. Envestnet Asset Management Inc. now owns 1,501,451 shares of the company’s stock worth $72,505,000 after buying an additional 441,088 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in shares of Fidelity Enhanced Small Cap ETF by 30.7% during 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 Stock Up 0.5%

FESM stock traded up $0.22 during trading on Friday, hitting $44.33. The company had a trading volume of 1,743,632 shares, compared to its average volume of 841,242. The firm has a market cap of $6.57 billion, a PE ratio of 18.06 and a beta of 1.31. Fidelity Enhanced Small Cap ETF has a 1-year low of $34.83 and a 1-year high of $48.93. The firm has a 50-day moving average price of $45.67 and a 200-day moving average price of $44.01.

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.