Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) Reaches New 1-Year High – Here’s What Happened

Fidelity Enhanced Small Cap ETF (NYSEARCA:FESMGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $45.35 and last traded at $45.35, with a volume of 27545 shares trading hands. The stock had previously closed at $44.81.

Fidelity Enhanced Small Cap ETF Stock Performance

The business’s fifty day moving average price is $41.49 and its 200-day moving average price is $39.75. The stock has a market cap of $5.16 billion, a PE ratio of 16.78 and a beta of 1.37.

Institutional Trading of Fidelity Enhanced Small Cap ETF

Institutional investors have recently made changes to their positions in the stock. 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 worth $28,000 after buying an additional 308 shares during the last quarter. Johnson Financial Group Inc. purchased a new position in shares of Fidelity Enhanced Small Cap ETF in the fourth quarter worth approximately $66,000. 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 worth $74,000 after buying an additional 299 shares during the last quarter. PNC Financial Services Group Inc. purchased a new position in shares of Fidelity Enhanced Small Cap ETF in the fourth quarter worth approximately $83,000. Finally, IFP Advisors Inc purchased a new position in shares of Fidelity Enhanced Small Cap ETF in the fourth quarter worth approximately $85,000.

Fidelity Enhanced Small Cap ETF Company Profile

(Get Free Report)

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.

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