Kestra Private Wealth Services LLC Increases Position in Fidelity Enhanced Small Cap ETF $FESM

Kestra Private Wealth Services LLC increased its stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 203.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,190 shares of the company’s stock after purchasing an additional 21,567 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Fidelity Enhanced Small Cap ETF were worth $1,216,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Concurrent Investment Advisors LLC boosted its position in shares of Fidelity Enhanced Small Cap ETF by 126.0% in the 4th quarter. Concurrent Investment Advisors LLC now owns 120,407 shares of the company’s stock worth $4,549,000 after buying an additional 67,136 shares in the last quarter. Calamos Advisors LLC raised its stake in Fidelity Enhanced Small Cap ETF by 2.7% in the 4th quarter. Calamos Advisors LLC now owns 41,045 shares of the company’s stock valued at $1,551,000 after purchasing an additional 1,060 shares during the last quarter. Calamos Wealth Management LLC raised its stake in Fidelity Enhanced Small Cap ETF by 1.0% in the 4th quarter. Calamos Wealth Management LLC now owns 935,638 shares of the company’s stock valued at $35,348,000 after purchasing an additional 9,049 shares during the last quarter. REDW Wealth LLC raised its stake in Fidelity Enhanced Small Cap ETF by 169.6% in the 4th quarter. REDW Wealth LLC now owns 15,781 shares of the company’s stock valued at $596,000 after purchasing an additional 9,927 shares during the last quarter. Finally, Investmark Advisory Group LLC raised its stake in Fidelity Enhanced Small Cap ETF by 2.8% in the 4th quarter. Investmark Advisory Group LLC now owns 52,260 shares of the company’s stock valued at $1,974,000 after purchasing an additional 1,401 shares during the last quarter.

Fidelity Enhanced Small Cap ETF Price Performance

NYSEARCA FESM opened at $43.84 on Friday. The company has a 50-day moving average of $39.75 and a 200-day moving average of $38.86. The company has a market cap of $4.93 billion, a P/E ratio of 16.78 and a beta of 1.37. Fidelity Enhanced Small Cap ETF has a 12 month low of $28.92 and a 12 month high of $43.96.

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.