Nations Financial Group Inc. IA ADV Has $1.26 Million Holdings in Fidelity Enhanced Small Cap ETF $FESM

Nations Financial Group Inc. IA ADV boosted its position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 51.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,251 shares of the company’s stock after buying an additional 11,275 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in Fidelity Enhanced Small Cap ETF were worth $1,264,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in shares of Fidelity Enhanced Small Cap ETF by 39,683.2% in the 4th quarter. JPMorgan Chase & Co. now owns 1,845,939 shares of the company’s stock valued at $69,740,000 after buying an additional 1,841,299 shares in the last quarter. Tableaux LLC bought a new position in Fidelity Enhanced Small Cap ETF in the fourth quarter valued at approximately $68,706,000. Dynasty Wealth Management LLC bought a new position in Fidelity Enhanced Small Cap ETF in the fourth quarter valued at approximately $67,286,000. Quotient Wealth Partners LLC acquired a new position in Fidelity Enhanced Small Cap ETF during the fourth quarter valued at approximately $66,765,000. Finally, LPL Financial LLC raised its position in Fidelity Enhanced Small Cap ETF by 66.6% during the fourth 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 in the last quarter.

Fidelity Enhanced Small Cap ETF Price Performance

NYSEARCA FESM opened at $47.21 on Tuesday. The business has a fifty day moving average price of $44.19 and a two-hundred day moving average price of $40.90. The stock has a market capitalization of $5.31 billion, a PE ratio of 16.78 and a beta of 1.35. Fidelity Enhanced Small Cap ETF has a fifty-two week low of $30.37 and a fifty-two week high of $47.42.

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.