Fidelity Enhanced Small Cap ETF $FESM Stock Bought by Breakwater Capital Group

Breakwater Capital Group grew its position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 17.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 137,686 shares of the company’s stock after acquiring an additional 20,604 shares during the period. Breakwater Capital Group owned about 0.10% of Fidelity Enhanced Small Cap ETF worth $6,189,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in FESM. World Investment Advisors purchased a new stake in Fidelity Enhanced Small Cap ETF in the 4th quarter valued at approximately $532,000. Beacon Financial Advisory LLC raised its stake in shares of Fidelity Enhanced Small Cap ETF by 50.2% during the 2nd quarter. Beacon Financial Advisory LLC now owns 40,989 shares of the company’s stock worth $1,979,000 after buying an additional 13,701 shares in the last quarter. SFG Wealth Management LLC. purchased a new position in shares of Fidelity Enhanced Small Cap ETF during the 2nd quarter worth approximately $686,000. LPL Financial LLC lifted its holdings 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 buying an additional 1,713,064 shares during the period. Finally, TritonPoint Partners LLC purchased a new stake in shares of Fidelity Enhanced Small Cap ETF in the fourth quarter valued at approximately $1,331,000.

Fidelity Enhanced Small Cap ETF Price Performance

Fidelity Enhanced Small Cap ETF stock opened at $45.25 on Friday. The stock’s 50 day moving average price is $46.86 and its 200 day moving average price is $45.18. Fidelity Enhanced Small Cap ETF has a 1-year low of $34.83 and a 1-year high of $48.93. The company has a market cap of $6.47 billion, a PE ratio of 16.78 and a beta of 1.32.

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.