MFA Wealth Services Acquires New Shares in Fidelity Enhanced Small Cap ETF $FESM

MFA Wealth Services bought a new stake in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 18,995 shares of the company’s stock, valued at approximately $722,000.

Other institutional investors have also recently made changes to their positions in the company. Royal Bank of Canada grew its position in shares of Fidelity Enhanced Small Cap ETF by 4.2% in the first quarter. Royal Bank of Canada now owns 207,226 shares of the company’s stock valued at $6,109,000 after purchasing an additional 8,269 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in Fidelity Enhanced Small Cap ETF by 146.9% during the 2nd quarter. Raymond James Financial Inc. now owns 256,131 shares of the company’s stock worth $8,194,000 after purchasing an additional 152,392 shares in the last quarter. Jane Street Group LLC purchased a new stake in Fidelity Enhanced Small Cap ETF during the 2nd quarter worth about $1,873,000. CLG LLC bought a new position in Fidelity Enhanced Small Cap ETF in the 2nd quarter worth about $681,000. Finally, Bank of America Corp DE boosted its stake in Fidelity Enhanced Small Cap ETF by 897.4% in the 2nd quarter. Bank of America Corp DE now owns 6,184 shares of the company’s stock worth $198,000 after purchasing an additional 5,564 shares during the period.

Fidelity Enhanced Small Cap ETF Stock Up 0.1%

FESM stock opened at $47.61 on Friday. The firm has a market capitalization of $5.36 billion, a PE ratio of 16.78 and a beta of 1.35. Fidelity Enhanced Small Cap ETF has a twelve month low of $31.66 and a twelve month high of $48.04. The stock has a 50-day simple moving average of $44.72 and a two-hundred day simple moving average of $41.14.

Fidelity Enhanced Small Cap ETF Company 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.