PFG Investments LLC Invests $239,000 in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM)

PFG Investments LLC bought a new position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 8,225 shares of the company’s stock, valued at approximately $239,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC bought a new stake in shares of Fidelity Enhanced Small Cap ETF in the 4th quarter worth about $33,000. Janney Montgomery Scott LLC increased its position in shares of Fidelity Enhanced Small Cap ETF by 20.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 13,897 shares of the company’s stock worth $418,000 after purchasing an additional 2,316 shares during the last quarter. Keystone Wealth Services LLC bought a new stake in shares of Fidelity Enhanced Small Cap ETF in the 1st quarter worth about $1,133,000. Finally, Commonwealth Equity Services LLC increased its position in shares of Fidelity Enhanced Small Cap ETF by 39.6% in the 1st quarter. Commonwealth Equity Services LLC now owns 301,550 shares of the company’s stock worth $9,062,000 after purchasing an additional 85,503 shares during the last quarter.

Fidelity Enhanced Small Cap ETF Stock Up 2.4 %

Shares of NYSEARCA:FESM opened at $31.49 on Friday. Fidelity Enhanced Small Cap ETF has a fifty-two week low of $24.58 and a fifty-two week high of $32.58. The firm has a 50-day simple moving average of $30.81 and a 200 day simple moving average of $29.64. The company has a market cap of $614.68 million, a PE ratio of 16.61 and a beta of 1.22.

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.