Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Get Free Report)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $48.78 and last traded at $48.58, with a volume of 31533 shares trading hands. The stock had previously closed at $48.41.
Fidelity Enhanced Small Cap ETF Price Performance
The firm has a market cap of $6.30 billion, a PE ratio of 16.78 and a beta of 1.31. The business’s fifty day moving average is $47.21 and its 200-day moving average is $43.23.
Institutional Trading of Fidelity Enhanced Small Cap ETF
Several hedge funds have recently made changes to their positions in the company. Johnson Financial Group Inc. purchased a new stake in Fidelity Enhanced Small Cap ETF during the fourth quarter valued at about $66,000. PNC Financial Services Group Inc. bought a new position in Fidelity Enhanced Small Cap ETF in the 4th quarter worth approximately $83,000. IFP Advisors Inc purchased a new position in Fidelity Enhanced Small Cap ETF in the 4th quarter valued at approximately $85,000. Advisory Services Network LLC purchased a new position in Fidelity Enhanced Small Cap ETF in the 3rd quarter valued at approximately $155,000. Finally, JPMorgan Chase & Co. raised its holdings in Fidelity Enhanced Small Cap ETF by 9,180.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,640 shares of the company’s stock valued at $170,000 after acquiring an additional 4,590 shares during the period.
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.
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