Nations Financial Group Inc. IA ADV Acquires New Position in Fidelity Enhanced Small Cap ETF $FESM

Nations Financial Group Inc. IA ADV purchased a new position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 18,387 shares of the company’s stock, valued at approximately $672,000.

Several other institutional investors have also modified their holdings of the company. Carolina Wealth Advisors LLC purchased a new stake in shares of Fidelity Enhanced Small Cap ETF during the 2nd quarter worth approximately $31,000. Farther Finance Advisors LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF in the 2nd quarter valued at $36,000. Cullen Frost Bankers Inc. acquired a new position in Fidelity Enhanced Small Cap ETF in the 2nd quarter valued at about $55,000. Harbor Asset Planning Inc. purchased a new stake in shares of Fidelity Enhanced Small Cap ETF during the third quarter worth approximately $61,000. Finally, Ameritas Advisory Services LLC acquired a new stake in Fidelity Enhanced Small Cap ETF in the second quarter valued at about $77,000.

Fidelity Enhanced Small Cap ETF Stock Performance

Fidelity Enhanced Small Cap ETF stock opened at $40.35 on Tuesday. The company has a market cap of $3.65 billion, a P/E ratio of 16.78 and a beta of 1.48. Fidelity Enhanced Small Cap ETF has a one year low of $25.19 and a one year high of $40.54. The business has a fifty day moving average of $38.11 and a two-hundred day moving average of $36.23.

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.