Fidelity Enhanced Small Cap ETF $FESM Shares Acquired by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC lifted its position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 334.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 53,271 shares of the company’s stock after buying an additional 41,011 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 0.07% of Fidelity Enhanced Small Cap ETF worth $1,948,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its position in Fidelity Enhanced Small Cap ETF by 71.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,722,199 shares of the company’s stock valued at $55,093,000 after acquiring an additional 716,411 shares in the last quarter. Calamos Wealth Management LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF in the third quarter valued at approximately $33,876,000. Envestnet Asset Management Inc. increased its stake in Fidelity Enhanced Small Cap ETF by 3.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 419,351 shares of the company’s stock worth $13,415,000 after buying an additional 14,574 shares during the period. Sagespring Wealth Partners LLC acquired a new stake in Fidelity Enhanced Small Cap ETF during the 2nd quarter worth approximately $9,526,000. Finally, Osaic Holdings Inc. lifted its holdings in Fidelity Enhanced Small Cap ETF by 61.8% during the 2nd quarter. Osaic Holdings Inc. now owns 264,590 shares of the company’s stock worth $8,465,000 after buying an additional 101,093 shares in the last quarter.

Fidelity Enhanced Small Cap ETF Stock Up 1.2%

NYSEARCA:FESM opened at $40.34 on Friday. Fidelity Enhanced Small Cap ETF has a 52 week low of $25.19 and a 52 week high of $40.54. The company has a fifty day simple moving average of $37.98 and a two-hundred day simple moving average of $36.07. The company has a market cap of $3.63 billion, a price-to-earnings ratio of 16.78 and a beta of 1.48.

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.