Bluedoor Private Wealth LLC Purchases Shares of 28,068 Fidelity Enhanced Small Cap ETF $FESM

Bluedoor Private Wealth LLC purchased a new stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) in the 4th quarter, HoldingsChannel reports. The fund purchased 28,068 shares of the company’s stock, valued at approximately $1,060,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FESM. Johnson Financial Group Inc. bought a new stake in Fidelity Enhanced Small Cap ETF in the fourth quarter valued at $66,000. Harbor Asset Planning Inc. increased its stake in 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 purchasing an additional 299 shares in the last quarter. PNC Financial Services Group Inc. bought a new stake in Fidelity Enhanced Small Cap ETF in the fourth quarter valued at $83,000. IFP Advisors Inc bought a new stake in Fidelity Enhanced Small Cap ETF in the fourth quarter valued at $85,000. Finally, Piscataqua Savings Bank bought a new stake in Fidelity Enhanced Small Cap ETF in the fourth quarter valued at $94,000.

Fidelity Enhanced Small Cap ETF Trading Up 0.8%

FESM opened at $46.68 on Tuesday. Fidelity Enhanced Small Cap ETF has a 1-year low of $30.37 and a 1-year high of $47.11. The company has a market cap of $5.25 billion, a P/E ratio of 16.78 and a beta of 1.35. The company has a fifty day moving average price of $43.45 and a two-hundred day moving average price of $40.59.

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.