Cetera Investment Advisers Has $1.40 Million Stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM)

Cetera Investment Advisers grew its holdings in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 183.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,215 shares of the company’s stock after purchasing an additional 27,956 shares during the period. Cetera Investment Advisers owned about 0.22% of Fidelity Enhanced Small Cap ETF worth $1,398,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. FMR LLC increased its holdings in Fidelity Enhanced Small Cap ETF by 45.6% in the fourth quarter. FMR LLC now owns 12,099,573 shares of the company’s stock worth $391,421,000 after buying an additional 3,788,766 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in Fidelity Enhanced Small Cap ETF by 100.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,667,449 shares of the company’s stock worth $53,942,000 after buying an additional 833,533 shares during the last quarter. LPL Financial LLC increased its holdings in Fidelity Enhanced Small Cap ETF by 923.7% in the fourth quarter. LPL Financial LLC now owns 505,394 shares of the company’s stock worth $16,349,000 after buying an additional 456,026 shares during the last quarter. Summit Investment Advisory Services LLC acquired a new position in Fidelity Enhanced Small Cap ETF in the fourth quarter worth approximately $9,215,000. Finally, Eaton Financial Holdings Company LLC acquired a new position in Fidelity Enhanced Small Cap ETF in the fourth quarter worth approximately $7,191,000.

Fidelity Enhanced Small Cap ETF Stock Performance

NYSEARCA:FESM opened at $30.04 on Thursday. The stock’s 50 day moving average price is $29.01 and its 200 day moving average price is $31.81. Fidelity Enhanced Small Cap ETF has a 52 week low of $25.19 and a 52 week high of $36.13. The company has a market capitalization of $1.73 billion, a P/E ratio of 15.56 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.