60,895 Shares in Fidelity Enhanced Small Cap ETF $FESM Acquired by Focus Financial Network Inc.

Focus Financial Network Inc. bought a new position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 60,895 shares of the company’s stock, valued at approximately $2,301,000. Focus Financial Network Inc. owned approximately 0.07% of Fidelity Enhanced Small Cap ETF at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. DecisionMap Wealth Management LLC bought a new position in shares of Fidelity Enhanced Small Cap ETF in the fourth quarter worth $1,398,000. American National Bank of Texas bought a new stake in Fidelity Enhanced Small Cap ETF during the fourth quarter valued at $6,226,000. Nations Financial Group Inc. IA ADV purchased a new position in Fidelity Enhanced Small Cap ETF during the third quarter worth about $672,000. Calamos Wealth Management LLC purchased a new position in Fidelity Enhanced Small Cap ETF during the third quarter worth about $33,876,000. Finally, Osaic Holdings Inc. increased its stake in Fidelity Enhanced Small Cap ETF by 61.8% in the 2nd quarter. Osaic Holdings Inc. now owns 264,590 shares of the company’s stock worth $8,465,000 after acquiring an additional 101,093 shares during the last quarter.

Fidelity Enhanced Small Cap ETF Stock Up 1.2%

Shares of NYSEARCA FESM opened at $38.62 on Thursday. The stock’s 50-day simple moving average is $39.55 and its two-hundred day simple moving average is $38.11. Fidelity Enhanced Small Cap ETF has a twelve month low of $25.19 and a twelve month high of $41.28. The firm has a market capitalization of $3.70 billion, a P/E 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.