Fidelity Enhanced Small Cap ETF $FESM Shares Acquired by Dahring Cusmano LLC

Dahring Cusmano LLC grew its holdings in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 14.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 306,710 shares of the company’s stock after acquiring an additional 38,537 shares during the period. Fidelity Enhanced Small Cap ETF comprises 7.2% of Dahring Cusmano LLC’s holdings, making the stock its 4th biggest position. Dahring Cusmano LLC owned about 0.27% of Fidelity Enhanced Small Cap ETF worth $11,655,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FESM. Johnson Financial Group Inc. acquired a new position in Fidelity Enhanced Small Cap ETF during the fourth quarter valued at $66,000. Harbor Asset Planning Inc. grew its position in Fidelity Enhanced Small Cap ETF by 18.1% during the 4th quarter. Harbor Asset Planning Inc. now owns 1,954 shares of the company’s stock worth $74,000 after purchasing an additional 299 shares during the period. PNC Financial Services Group Inc. acquired a new stake in Fidelity Enhanced Small Cap ETF during the 4th quarter worth about $83,000. IFP Advisors Inc acquired a new stake in Fidelity Enhanced Small Cap ETF during the 4th quarter worth about $85,000. Finally, Piscataqua Savings Bank purchased a new position in shares of Fidelity Enhanced Small Cap ETF during the 4th quarter valued at about $94,000.

Fidelity Enhanced Small Cap ETF Stock Performance

NYSEARCA FESM opened at $47.54 on Friday. The firm has a market capitalization of $5.83 billion, a P/E ratio of 16.78 and a beta of 1.29. The stock has a 50-day simple moving average of $46.01 and a two-hundred day simple moving average of $42.05. Fidelity Enhanced Small Cap ETF has a fifty-two week low of $31.72 and a fifty-two week high of $48.62.

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.