Clearwave Capital LLC Acquires New Position in Fidelity Enhanced Small Cap ETF $FESM

Clearwave Capital LLC bought a new position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 61,355 shares of the company’s stock, valued at approximately $2,318,000. Fidelity Enhanced Small Cap ETF accounts for 1.7% of Clearwave Capital LLC’s portfolio, making the stock its 16th largest holding.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in shares of Fidelity Enhanced Small Cap ETF by 39,683.2% during the 4th quarter. JPMorgan Chase & Co. now owns 1,845,939 shares of the company’s stock worth $69,740,000 after buying an additional 1,841,299 shares during the period. Tableaux LLC bought a new position in shares of Fidelity Enhanced Small Cap ETF during the 4th quarter valued at about $68,706,000. Dynasty Wealth Management LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF in the 4th quarter valued at approximately $67,286,000. Quotient Wealth Partners LLC bought a new stake in Fidelity Enhanced Small Cap ETF during the 4th quarter worth approximately $66,765,000. Finally, LPL Financial LLC raised its holdings in Fidelity Enhanced Small Cap ETF by 66.6% during the 4th quarter. LPL Financial LLC now owns 4,286,386 shares of the company’s stock worth $161,940,000 after buying an additional 1,713,064 shares during the period.

Fidelity Enhanced Small Cap ETF Price Performance

Fidelity Enhanced Small Cap ETF stock opened at $46.77 on Friday. The stock has a market capitalization of $5.26 billion, a PE ratio of 16.78 and a beta of 1.35. Fidelity Enhanced Small Cap ETF has a twelve month low of $30.37 and a twelve month high of $47.11. The company has a 50 day moving average of $44.05 and a 200-day moving average of $40.81.

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.