Calamos Wealth Management LLC Buys New Position in Fidelity Enhanced Small Cap ETF $FESM

Calamos Wealth Management LLC purchased a new position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 926,589 shares of the company’s stock, valued at approximately $33,876,000. Fidelity Enhanced Small Cap ETF accounts for 1.2% of Calamos Wealth Management LLC’s portfolio, making the stock its 16th biggest holding. Calamos Wealth Management LLC owned about 1.24% of Fidelity Enhanced Small Cap ETF at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of Fidelity Enhanced Small Cap ETF by 71.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,722,199 shares of the company’s stock worth $55,093,000 after purchasing an additional 716,411 shares in the last quarter. Sagespring Wealth Partners LLC acquired a new stake in Fidelity Enhanced Small Cap ETF during the 2nd quarter valued at $9,526,000. Atria Investments Inc purchased a new stake in Fidelity Enhanced Small Cap ETF during the 2nd quarter worth $5,758,000. Gallagher Fiduciary Advisors LLC acquired a new position in Fidelity Enhanced Small Cap ETF in the 2nd quarter worth $5,649,000. Finally, Raymond James Financial Inc. boosted its position in Fidelity Enhanced Small Cap ETF by 146.9% in the 2nd quarter. Raymond James Financial Inc. now owns 256,131 shares of the company’s stock valued at $8,194,000 after buying an additional 152,392 shares during the last quarter.

Fidelity Enhanced Small Cap ETF Stock Performance

Shares of NYSEARCA FESM opened at $38.07 on Wednesday. Fidelity Enhanced Small Cap ETF has a 1 year low of $25.19 and a 1 year high of $39.36. The stock’s 50-day simple moving average is $37.50 and its 200-day simple moving average is $35.47. The firm has a market cap of $2.97 billion, a price-to-earnings ratio of 16.78 and a beta of 1.48.

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.