Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) Position Lifted by Harbour Investments Inc.

Harbour Investments Inc. raised its stake in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 88.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,184 shares of the company’s stock after acquiring an additional 17,025 shares during the quarter. Harbour Investments Inc. owned approximately 0.19% of Fidelity Enhanced Small Cap ETF worth $1,171,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in FESM. Principal Securities Inc. lifted its position in shares of Fidelity Enhanced Small Cap ETF by 208.7% in the 4th quarter. Principal Securities Inc. now owns 1,627 shares of the company’s stock worth $53,000 after buying an additional 1,100 shares during the last quarter. Private Trust Co. NA bought a new position in shares of Fidelity Enhanced Small Cap ETF in the 4th quarter worth about $71,000. AdvisorNet Financial Inc lifted its position in shares of Fidelity Enhanced Small Cap ETF by 471.8% in the 4th quarter. AdvisorNet Financial Inc now owns 2,213 shares of the company’s stock worth $72,000 after buying an additional 1,826 shares during the last quarter. Flagship Harbor Advisors LLC bought a new position in shares of Fidelity Enhanced Small Cap ETF in the 4th quarter worth about $201,000. Finally, Cornerstone Wealth Management LLC bought a new position in shares of Fidelity Enhanced Small Cap ETF in the 4th quarter worth about $210,000.

Fidelity Enhanced Small Cap ETF Stock Performance

Fidelity Enhanced Small Cap ETF stock opened at $30.08 on Wednesday. The firm’s 50-day moving average is $32.37 and its 200-day moving average is $32.77. Fidelity Enhanced Small Cap ETF has a 1 year low of $27.33 and a 1 year high of $36.13. The company has a market cap of $2.12 billion, a P/E ratio of 17.03 and a beta of 1.22.

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.