Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) Shares Purchased by AdvisorNet Financial Inc

AdvisorNet Financial Inc boosted its holdings in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 471.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,213 shares of the company’s stock after acquiring an additional 1,826 shares during the period. AdvisorNet Financial Inc’s holdings in Fidelity Enhanced Small Cap ETF were worth $72,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. FMR LLC boosted its stake in shares of Fidelity Enhanced Small Cap ETF by 344.3% during the 3rd quarter. FMR LLC now owns 8,310,807 shares of the company’s stock worth $267,400,000 after purchasing an additional 6,440,359 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Fidelity Enhanced Small Cap ETF by 846.0% in the second quarter. Envestnet Asset Management Inc. now owns 205,988 shares of the company’s stock worth $5,993,000 after acquiring an additional 184,214 shares during the last quarter. FMA Wealth Management LLC acquired a new stake in shares of Fidelity Enhanced Small Cap ETF in the third quarter worth approximately $2,774,000. Geneva Partners LLC acquired a new stake in shares of Fidelity Enhanced Small Cap ETF in the third quarter worth approximately $604,000. Finally, Harbour Investments Inc. boosted its position in shares of Fidelity Enhanced Small Cap ETF by 1,690.6% in the third quarter. Harbour Investments Inc. now owns 19,159 shares of the company’s stock worth $616,000 after acquiring an additional 18,089 shares during the last quarter.

Fidelity Enhanced Small Cap ETF Stock Performance

FESM opened at $33.37 on Friday. The company’s 50 day simple moving average is $33.90 and its 200 day simple moving average is $32.28. Fidelity Enhanced Small Cap ETF has a 1 year low of $26.67 and a 1 year high of $36.13. The stock has a market capitalization of $651.38 million, a PE ratio of 16.61 and a beta of 1.22.

Fidelity Enhanced Small Cap ETF 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.