Focus Financial Network Inc. Has $37.26 Million Stock Holdings in Fidelity Enhanced Small Cap ETF $FESM

Focus Financial Network Inc. grew its position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 6.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 771,548 shares of the company’s stock after purchasing an additional 43,768 shares during the quarter. Fidelity Enhanced Small Cap ETF makes up approximately 1.2% of Focus Financial Network Inc.’s portfolio, making the stock its 16th largest holding. Focus Financial Network Inc.’s holdings in Fidelity Enhanced Small Cap ETF were worth $37,258,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Breakwater Capital Group boosted its position in shares of Fidelity Enhanced Small Cap ETF by 104.0% in the second quarter. Breakwater Capital Group now owns 117,082 shares of the company’s stock valued at $5,654,000 after acquiring an additional 59,675 shares during the period. First Heartland Consultants Inc. increased its position in Fidelity Enhanced Small Cap ETF by 42.6% during the second quarter. First Heartland Consultants Inc. now owns 196,379 shares of the company’s stock worth $9,843,000 after acquiring an additional 58,707 shares during the period. Dynamic Advisor Solutions LLC bought a new position in Fidelity Enhanced Small Cap ETF during the second quarter worth $249,000. NewEdge Advisors LLC raised its stake in Fidelity Enhanced Small Cap ETF by 6.5% during the 1st quarter. NewEdge Advisors LLC now owns 105,938 shares of the company’s stock valued at $4,026,000 after purchasing an additional 6,440 shares during the last quarter. Finally, Verus Capital Partners LLC raised its stake in Fidelity Enhanced Small Cap ETF by 19.4% during the 1st quarter. Verus Capital Partners LLC now owns 7,918 shares of the company’s stock valued at $301,000 after purchasing an additional 1,286 shares during the last quarter.

Fidelity Enhanced Small Cap ETF Price Performance

Shares of Fidelity Enhanced Small Cap ETF stock opened at $48.32 on Monday. The company has a market cap of $6.23 billion, a PE ratio of 16.78 and a beta of 1.31. The firm has a fifty day moving average price of $46.89 and a two-hundred day moving average price of $42.97. Fidelity Enhanced Small Cap ETF has a fifty-two week low of $33.07 and a fifty-two week high of $48.70.

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.