Farther Finance Advisors LLC Has $757,000 Stock Position in Fidelity Enhanced Small Cap ETF $FESM

Farther Finance Advisors LLC lifted its holdings in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 1,744.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,716 shares of the company’s stock after purchasing an additional 19,593 shares during the period. Farther Finance Advisors LLC’s holdings in Fidelity Enhanced Small Cap ETF were worth $757,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of FESM. OmniStar Financial Group Inc. raised its position in Fidelity Enhanced Small Cap ETF by 1.9% during the 2nd quarter. OmniStar Financial Group Inc. now owns 17,224 shares of the company’s stock worth $551,000 after purchasing an additional 313 shares during the last quarter. Ameritas Investment Partners Inc. increased its stake in shares of Fidelity Enhanced Small Cap ETF by 3.0% in the second quarter. Ameritas Investment Partners Inc. now owns 16,618 shares of the company’s stock valued at $532,000 after buying an additional 485 shares during the period. Lynch & Associates IN raised its position in shares of Fidelity Enhanced Small Cap ETF by 3.4% during the second quarter. Lynch & Associates IN now owns 15,504 shares of the company’s stock worth $496,000 after acquiring an additional 507 shares during the last quarter. Carolina Wealth Advisors LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF in the second quarter worth approximately $31,000. Finally, Flagship Harbor Advisors LLC boosted its holdings in Fidelity Enhanced Small Cap ETF by 6.5% in the second quarter. Flagship Harbor Advisors LLC now owns 17,657 shares of the company’s stock valued at $565,000 after acquiring an additional 1,073 shares during the last quarter.

Fidelity Enhanced Small Cap ETF Stock Performance

NYSEARCA:FESM opened at $38.07 on Wednesday. Fidelity Enhanced Small Cap ETF has a fifty-two week low of $25.19 and a fifty-two week high of $39.36. The company has a 50 day simple moving average of $37.50 and a two-hundred day simple moving average of $35.47. The company has a market capitalization of $2.97 billion, a PE ratio of 16.78 and a beta of 1.48.

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.