Baird Financial Group Inc. Has $18.94 Million Holdings in Fidelity Enhanced Small Cap ETF $FESM

Baird Financial Group Inc. grew its position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 4.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 392,125 shares of the company’s stock after purchasing an additional 14,911 shares during the quarter. Baird Financial Group Inc.’s holdings in Fidelity Enhanced Small Cap ETF were worth $18,936,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC boosted its stake in shares of Fidelity Enhanced Small Cap ETF by 66.6% in the 4th quarter. LPL Financial LLC now owns 4,286,386 shares of the company’s stock valued at $161,940,000 after purchasing an additional 1,713,064 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Fidelity Enhanced Small Cap ETF by 30.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,230,962 shares of the company’s stock worth $122,066,000 after buying an additional 749,061 shares during the last quarter. Fifth Third Bancorp acquired a new position in Fidelity Enhanced Small Cap ETF in the first quarter valued at $105,807,000. Commonwealth Equity Services LLC lifted its holdings in Fidelity Enhanced Small Cap ETF by 39.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 2,225,336 shares of the company’s stock valued at $84,073,000 after buying an additional 624,608 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in Fidelity Enhanced Small Cap ETF by 46.8% in the first quarter. Cetera Investment Advisers now owns 1,962,108 shares of the company’s stock valued at $74,560,000 after buying an additional 625,917 shares during the period.

Fidelity Enhanced Small Cap ETF Trading Up 0.8%

Shares of FESM opened at $46.36 on Friday. The firm’s fifty day simple moving average is $47.48 and its two-hundred day simple moving average is $44.25. Fidelity Enhanced Small Cap ETF has a 12 month low of $34.83 and a 12 month high of $48.93. The stock has a market capitalization of $5.98 billion, a P/E ratio of 16.78 and a beta of 1.30.

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.