Lincoln Capital Corp Has $3.94 Million Stake in Fidelity Enhanced Small Cap ETF $FESM

Lincoln Capital Corp boosted its position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 15.6% during the 1st quarter, HoldingsChannel reports. The firm owned 103,654 shares of the company’s stock after buying an additional 13,978 shares during the quarter. Fidelity Enhanced Small Cap ETF accounts for 1.4% of Lincoln Capital Corp’s investment portfolio, making the stock its 24th biggest holding. Lincoln Capital Corp’s holdings in Fidelity Enhanced Small Cap ETF were worth $3,939,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Johnson Financial Group Inc. purchased a new stake in shares of Fidelity Enhanced Small Cap ETF in the fourth quarter valued at $66,000. Harbor Asset Planning Inc. boosted its position 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 period. PNC Financial Services Group Inc. purchased a new position in shares of Fidelity Enhanced Small Cap ETF during the fourth quarter valued at $83,000. IFP Advisors Inc purchased a new position in shares of Fidelity Enhanced Small Cap ETF during the fourth quarter valued at $85,000. Finally, Piscataqua Savings Bank purchased a new position in shares of Fidelity Enhanced Small Cap ETF during the fourth quarter valued at $94,000.

Fidelity Enhanced Small Cap ETF Stock Performance

NYSEARCA:FESM opened at $46.77 on Monday. The business’s fifty day moving average price is $44.05 and its 200 day moving average price is $40.83. The firm has a market capitalization of $5.26 billion, a price-to-earnings ratio of 16.78 and a beta of 1.35. Fidelity Enhanced Small Cap ETF has a 1-year low of $30.37 and a 1-year high of $47.11.

Fidelity Enhanced Small Cap ETF Company 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.