Farther Finance Advisors LLC Has $1.94 Million Stake in Fidelity Enhanced Small Cap ETF $FESM

Farther Finance Advisors LLC lifted its stake in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 147.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 51,273 shares of the company’s stock after buying an additional 30,557 shares during the quarter. Farther Finance Advisors LLC owned about 0.06% of Fidelity Enhanced Small Cap ETF worth $1,937,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of FESM. Cornerstone Planning Group LLC grew its position in shares of Fidelity Enhanced Small Cap ETF by 69.7% during the 3rd quarter. Cornerstone Planning Group LLC now owns 750 shares of the company’s stock worth $28,000 after buying an additional 308 shares during the period. Harbor Asset Planning Inc. acquired a new stake in shares of Fidelity Enhanced Small Cap ETF during the 3rd quarter worth approximately $61,000. Piscataqua Savings Bank acquired a new stake in shares of Fidelity Enhanced Small Cap ETF during the 4th quarter worth approximately $94,000. Advisory Services Network LLC acquired a new stake in shares of Fidelity Enhanced Small Cap ETF during the 3rd quarter worth approximately $155,000. Finally, JPMorgan Chase & Co. grew its position in shares of Fidelity Enhanced Small Cap ETF by 9,180.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,640 shares of the company’s stock worth $170,000 after buying an additional 4,590 shares during the period.

Fidelity Enhanced Small Cap ETF Price Performance

Shares of FESM stock opened at $42.31 on Monday. The company has a market cap of $4.63 billion, a price-to-earnings ratio of 16.78 and a beta of 1.36. Fidelity Enhanced Small Cap ETF has a 52 week low of $26.60 and a 52 week high of $42.60. The firm has a 50 day moving average of $39.30 and a 200-day moving average of $38.49.

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.