Fidelity Enhanced Small Cap ETF $FESM Stock: Mayfair Advisory Group LLC Grows Position

Mayfair Advisory Group LLC increased its stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 5.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 313,592 shares of the company’s stock after acquiring an additional 15,948 shares during the period. Fidelity Enhanced Small Cap ETF comprises about 4.1% of Mayfair Advisory Group LLC’s holdings, making the stock its 5th largest holding. Mayfair Advisory Group LLC owned approximately 0.22% of Fidelity Enhanced Small Cap ETF worth $14,096,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of FESM. Fifth Third Bancorp purchased a new position in shares of Fidelity Enhanced Small Cap ETF in the first quarter valued at about $105,807,000. Calamos Advisors LLC boosted its holdings in shares of Fidelity Enhanced Small Cap ETF by 2,467.3% during the first quarter. Calamos Advisors LLC now owns 1,053,734 shares of the company’s stock worth $40,042,000 after purchasing an additional 1,012,689 shares during the period. Waverly Advisors LLC purchased a new stake in shares of Fidelity Enhanced Small Cap ETF during the second quarter worth about $45,744,000. Bank of America Corp DE grew its stake in shares of Fidelity Enhanced Small Cap ETF by 284.6% in the first quarter. Bank of America Corp DE now owns 871,856 shares of the company’s stock worth $33,131,000 after purchasing an additional 645,168 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of Fidelity Enhanced Small Cap ETF by 46.8% in the first quarter. Cetera Investment Advisers now owns 1,962,108 shares of the company’s stock worth $74,560,000 after purchasing an additional 625,917 shares during the last quarter.

Fidelity Enhanced Small Cap ETF Price Performance

Shares of NYSEARCA:FESM opened at $44.41 on Tuesday. Fidelity Enhanced Small Cap ETF has a 1 year low of $34.83 and a 1 year high of $48.93. The company has a market cap of $6.44 billion, a PE ratio of 16.78 and a beta of 1.32. The stock’s 50-day moving average is $46.43 and its 200 day moving average is $45.53.

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.