Geneva Partners LLC Acquires Shares of 18,775 Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM)

Geneva Partners LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 18,775 shares of the company’s stock, valued at approximately $604,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. PFG Investments LLC acquired a new position in Fidelity Enhanced Small Cap ETF in the second quarter valued at approximately $239,000. Janney Montgomery Scott LLC lifted its position in shares of Fidelity Enhanced Small Cap ETF by 20.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 13,897 shares of the company’s stock worth $418,000 after buying an additional 2,316 shares during the last quarter. FMA Wealth Management LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF in the 3rd quarter valued at $2,774,000. Envestnet Asset Management Inc. grew its position in shares of Fidelity Enhanced Small Cap ETF by 846.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 205,988 shares of the company’s stock valued at $5,993,000 after buying an additional 184,214 shares during the last quarter. Finally, OmniStar Financial Group Inc. grew its position in shares of Fidelity Enhanced Small Cap ETF by 10.2% in the 3rd quarter. OmniStar Financial Group Inc. now owns 14,760 shares of the company’s stock valued at $476,000 after buying an additional 1,361 shares during the last quarter.

Fidelity Enhanced Small Cap ETF Price Performance

Shares of FESM opened at $32.20 on Tuesday. Fidelity Enhanced Small Cap ETF has a 1-year low of $24.58 and a 1-year high of $33.17. The stock has a market cap of $628.54 million, a PE ratio of 16.61 and a beta of 1.22. The firm has a fifty day moving average price of $31.82 and a 200 day moving average price of $30.39.

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.