Concurrent Investment Advisors LLC Has $4.55 Million Stake in Fidelity Enhanced Small Cap ETF $FESM

Concurrent Investment Advisors LLC increased its stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 126.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 120,407 shares of the company’s stock after acquiring an additional 67,136 shares during the quarter. Concurrent Investment Advisors LLC owned 0.13% of Fidelity Enhanced Small Cap ETF worth $4,549,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Calamos Advisors LLC boosted its stake in Fidelity Enhanced Small Cap ETF by 2.7% during the fourth quarter. Calamos Advisors LLC now owns 41,045 shares of the company’s stock worth $1,551,000 after acquiring an additional 1,060 shares in the last quarter. Calamos Wealth Management LLC increased its stake in Fidelity Enhanced Small Cap ETF by 1.0% in the fourth quarter. Calamos Wealth Management LLC now owns 935,638 shares of the company’s stock valued at $35,348,000 after purchasing an additional 9,049 shares in the last quarter. REDW Wealth LLC raised its holdings in shares of Fidelity Enhanced Small Cap ETF by 169.6% during the fourth quarter. REDW Wealth LLC now owns 15,781 shares of the company’s stock valued at $596,000 after purchasing an additional 9,927 shares during the period. Investmark Advisory Group LLC raised its holdings in shares of Fidelity Enhanced Small Cap ETF by 2.8% during the fourth quarter. Investmark Advisory Group LLC now owns 52,260 shares of the company’s stock valued at $1,974,000 after purchasing an additional 1,401 shares during the period. Finally, PFG Advisors boosted its position in shares of Fidelity Enhanced Small Cap ETF by 17.2% during the 4th quarter. PFG Advisors now owns 52,233 shares of the company’s stock worth $1,973,000 after purchasing an additional 7,654 shares in the last quarter.

Fidelity Enhanced Small Cap ETF Price Performance

Shares of FESM opened at $42.90 on Tuesday. Fidelity Enhanced Small Cap ETF has a one year low of $28.07 and a one year high of $43.10. The company has a market cap of $4.77 billion, a PE ratio of 16.78 and a beta of 1.36. The stock has a 50-day moving average of $39.59 and a 200-day moving average of $38.74.

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.