Dynasty Wealth Management LLC Takes Position in Fidelity Enhanced Small Cap ETF $FESM

Dynasty Wealth Management LLC acquired a new stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,780,989 shares of the company’s stock, valued at approximately $67,286,000. Dynasty Wealth Management LLC owned 1.86% of Fidelity Enhanced Small Cap ETF at the end of the most recent quarter.

Several other large investors have also modified their holdings of the company. Harbor Asset Planning Inc. boosted its holdings in shares of Fidelity Enhanced Small Cap ETF by 18.1% in the fourth quarter. Harbor Asset Planning Inc. now owns 1,954 shares of the company’s stock valued at $74,000 after acquiring an additional 299 shares during the period. Cornerstone Planning Group LLC boosted its holdings in shares of Fidelity Enhanced Small Cap ETF by 69.7% in the third quarter. Cornerstone Planning Group LLC now owns 750 shares of the company’s stock valued at $28,000 after acquiring an additional 308 shares during the period. KWB Wealth boosted its holdings in shares of Fidelity Enhanced Small Cap ETF by 3.9% in the fourth quarter. KWB Wealth now owns 9,984 shares of the company’s stock valued at $377,000 after acquiring an additional 371 shares during the period. Valmark Advisers Inc. boosted its holdings in shares of Fidelity Enhanced Small Cap ETF by 1.6% in the fourth quarter. Valmark Advisers Inc. now owns 29,792 shares of the company’s stock valued at $1,126,000 after acquiring an additional 476 shares during the period. Finally, Balance Wealth LLC boosted its holdings in shares of Fidelity Enhanced Small Cap ETF by 1.8% in the fourth quarter. Balance Wealth LLC now owns 27,965 shares of the company’s stock valued at $1,057,000 after acquiring an additional 498 shares during the period.

Fidelity Enhanced Small Cap ETF Trading Up 0.8%

FESM stock opened at $45.78 on Wednesday. Fidelity Enhanced Small Cap ETF has a twelve month low of $30.37 and a twelve month high of $45.94. The business has a 50 day simple moving average of $41.95 and a 200-day simple moving average of $39.93. The company has a market capitalization of $5.15 billion, a P/E ratio of 16.78 and a beta of 1.37.

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.