Retirement Income Solutions Inc purchased a new position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 151,762 shares of the company’s stock, valued at approximately $4,910,000. Fidelity Enhanced Small Cap ETF accounts for approximately 1.0% of Retirement Income Solutions Inc’s investment portfolio, making the stock its 16th largest holding.
A number of other large investors have also recently made changes to their positions in FESM. Principal Securities Inc. boosted its stake in shares of Fidelity Enhanced Small Cap ETF by 208.7% during the 4th quarter. Principal Securities Inc. now owns 1,627 shares of the company’s stock worth $53,000 after purchasing an additional 1,100 shares during the period. AdvisorNet Financial Inc boosted its position in Fidelity Enhanced Small Cap ETF by 471.8% in the 4th quarter. AdvisorNet Financial Inc now owns 2,213 shares of the company’s stock valued at $72,000 after buying an additional 1,826 shares during the period. Flagship Harbor Advisors LLC purchased a new stake in Fidelity Enhanced Small Cap ETF in the 4th quarter valued at about $201,000. Cornerstone Wealth Management LLC purchased a new stake in Fidelity Enhanced Small Cap ETF in the 4th quarter valued at about $210,000. Finally, Brighton Jones LLC purchased a new stake in Fidelity Enhanced Small Cap ETF in the 3rd quarter valued at about $263,000.
Fidelity Enhanced Small Cap ETF Price Performance
Fidelity Enhanced Small Cap ETF stock opened at $33.51 on Monday. The stock has a market cap of $654.12 million, a price-to-earnings ratio of 16.61 and a beta of 1.22. Fidelity Enhanced Small Cap ETF has a 1 year low of $27.33 and a 1 year high of $36.13. The firm has a 50-day moving average of $33.35 and a two-hundred day moving average of $32.71.
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.
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