Fidelity Enhanced Small Cap ETF $FESM Shares Acquired by Madison Wealth Partners Inc

Madison Wealth Partners Inc boosted its position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 22.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,090 shares of the company’s stock after acquiring an additional 2,805 shares during the quarter. Madison Wealth Partners Inc’s holdings in Fidelity Enhanced Small Cap ETF were worth $483,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in FESM. Cambridge Investment Research Advisors Inc. grew its holdings in Fidelity Enhanced Small Cap ETF by 138.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 143,727 shares of the company’s stock worth $4,237,000 after acquiring an additional 83,426 shares in the last quarter. Flagship Harbor Advisors LLC grew its stake in shares of Fidelity Enhanced Small Cap ETF by 167.1% during the first quarter. Flagship Harbor Advisors LLC now owns 16,584 shares of the company’s stock worth $489,000 after purchasing an additional 10,376 shares in the last quarter. Balance Wealth LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF during the first quarter worth $502,000. Aurora Private Wealth Inc. purchased a new position in Fidelity Enhanced Small Cap ETF in the first quarter valued at $3,158,000. Finally, Canvas Wealth Advisors LLC purchased a new position in Fidelity Enhanced Small Cap ETF in the first quarter valued at $246,000.

Fidelity Enhanced Small Cap ETF Price Performance

Shares of NYSEARCA FESM opened at $36.52 on Monday. The business has a 50-day moving average of $35.83 and a two-hundred day moving average of $32.46. The company has a market capitalization of $2.74 billion, a price-to-earnings ratio of 16.78 and a beta of 1.22. Fidelity Enhanced Small Cap ETF has a 1 year low of $25.19 and a 1 year high of $37.58.

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.