Cetera Investment Advisers Acquires 119,509 Shares of Fidelity Enhanced Small Cap ETF $FESM

Cetera Investment Advisers raised its stake in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 153.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 197,343 shares of the company’s stock after buying an additional 119,509 shares during the quarter. Cetera Investment Advisers owned about 0.33% of Fidelity Enhanced Small Cap ETF worth $6,313,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. OmniStar Financial Group Inc. grew its stake in Fidelity Enhanced Small Cap ETF by 1.9% during the second quarter. OmniStar Financial Group Inc. now owns 17,224 shares of the company’s stock valued at $551,000 after acquiring an additional 313 shares in the last quarter. PFG Advisors boosted its holdings in shares of Fidelity Enhanced Small Cap ETF by 33.5% during the 2nd quarter. PFG Advisors now owns 22,558 shares of the company’s stock valued at $722,000 after purchasing an additional 5,662 shares during the last quarter. Summit Investment Advisors Inc. purchased a new position in shares of Fidelity Enhanced Small Cap ETF during the first quarter valued at about $476,000. Mcrae Capital Management Inc. bought a new stake in shares of Fidelity Enhanced Small Cap ETF in the second quarter worth about $515,000. Finally, Convergence Financial LLC lifted its position in shares of Fidelity Enhanced Small Cap ETF by 42.4% in the second quarter. Convergence Financial LLC now owns 34,648 shares of the company’s stock worth $1,108,000 after buying an additional 10,315 shares in the last quarter.

Fidelity Enhanced Small Cap ETF Trading Up 2.8%

Shares of Fidelity Enhanced Small Cap ETF stock opened at $35.91 on Monday. The firm has a market cap of $2.80 billion, a PE ratio of 16.78 and a beta of 1.48. The stock has a 50 day moving average of $36.66 and a 200 day moving average of $34.05. Fidelity Enhanced Small Cap ETF has a 12 month low of $25.19 and a 12 month high of $38.15.

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.