Commonwealth Equity Services LLC Makes New Investment in Fidelity Enhanced Small Cap ETF $FESM

Commonwealth Equity Services LLC purchased a new stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 2,831,304 shares of the company’s stock, valued at approximately $127,267,000. Commonwealth Equity Services LLC owned about 1.92% of Fidelity Enhanced Small Cap ETF as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Balance Wealth Partners LLC acquired a new stake in shares of Fidelity Enhanced Small Cap ETF during the 3rd quarter worth $31,000. Root Financial Partners LLC acquired a new position in Fidelity Enhanced Small Cap ETF in the third quarter valued at $58,000. Mosley Wealth Management acquired a new position in Fidelity Enhanced Small Cap ETF in the third quarter valued at $70,000. Johnson Financial Group Inc. grew its position in Fidelity Enhanced Small Cap ETF by 55.9% during the first quarter. Johnson Financial Group Inc. now owns 2,713 shares of the company’s stock valued at $103,000 after acquiring an additional 973 shares during the period. Finally, Latitude Advisors LLC purchased a new stake in Fidelity Enhanced Small Cap ETF during the third quarter valued at about $164,000.

Fidelity Enhanced Small Cap ETF Trading Up 0.5%

Shares of Fidelity Enhanced Small Cap ETF stock traded up $0.22 during trading hours on Friday, reaching $44.33. The stock had a trading volume of 1,743,632 shares, compared to its average volume of 841,242. The firm has a market capitalization of $6.57 billion, a price-to-earnings ratio of 18.06 and a beta of 1.31. Fidelity Enhanced Small Cap ETF has a 1 year low of $34.83 and a 1 year high of $48.93. The firm has a 50 day simple moving average of $45.67 and a two-hundred day simple moving average of $44.01.

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.