35,218 Shares in Fidelity Enhanced Small Cap ETF $FESM Acquired by TritonPoint Partners LLC

TritonPoint Partners LLC bought a new position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 35,218 shares of the company’s stock, valued at approximately $1,331,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Johnson Financial Group Inc. bought a new position in Fidelity Enhanced Small Cap ETF in the 4th quarter valued at $66,000. Harbor Asset Planning Inc. raised its position in Fidelity Enhanced Small Cap ETF by 18.1% in the 4th quarter. Harbor Asset Planning Inc. now owns 1,954 shares of the company’s stock valued at $74,000 after purchasing an additional 299 shares during the last quarter. PNC Financial Services Group Inc. bought a new position in Fidelity Enhanced Small Cap ETF in the 4th quarter valued at $83,000. IFP Advisors Inc bought a new position in Fidelity Enhanced Small Cap ETF in the 4th quarter valued at $85,000. Finally, Piscataqua Savings Bank bought a new position in Fidelity Enhanced Small Cap ETF in the 4th quarter valued at $94,000.

Fidelity Enhanced Small Cap ETF Stock Performance

Shares of FESM opened at $46.33 on Monday. The stock has a fifty day moving average price of $43.29 and a two-hundred day moving average price of $40.52. Fidelity Enhanced Small Cap ETF has a 52-week low of $30.37 and a 52-week high of $46.72. The company has a market cap of $5.21 billion, a price-to-earnings ratio of 16.78 and a beta of 1.35.

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.