IFG Advisory LLC Has $1.64 Million Stock Holdings in Fidelity Enhanced Small Cap ETF $FESM

IFG Advisory LLC grew its position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 138.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 44,799 shares of the company’s stock after buying an additional 26,009 shares during the period. IFG Advisory LLC owned approximately 0.06% of Fidelity Enhanced Small Cap ETF worth $1,638,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of FESM. Cornerstone Planning Group LLC increased its holdings in Fidelity Enhanced Small Cap ETF by 69.7% during the 3rd quarter. Cornerstone Planning Group LLC now owns 750 shares of the company’s stock worth $28,000 after purchasing an additional 308 shares in the last quarter. Harbor Asset Planning Inc. bought a new stake in shares of Fidelity Enhanced Small Cap ETF in the third quarter worth $61,000. JPMorgan Chase & Co. boosted its holdings in Fidelity Enhanced Small Cap ETF by 9,180.0% during the third quarter. JPMorgan Chase & Co. now owns 4,640 shares of the company’s stock worth $170,000 after purchasing an additional 4,590 shares during the last quarter. Bank of America Corp DE boosted its holdings in Fidelity Enhanced Small Cap ETF by 897.4% during the second quarter. Bank of America Corp DE now owns 6,184 shares of the company’s stock worth $198,000 after purchasing an additional 5,564 shares during the last quarter. Finally, ARK & TLK Investments LLC bought a new position in Fidelity Enhanced Small Cap ETF in the third quarter valued at $205,000.

Fidelity Enhanced Small Cap ETF Stock Performance

FESM opened at $38.31 on Friday. The firm has a market capitalization of $3.67 billion, a PE ratio of 16.78 and a beta of 1.48. Fidelity Enhanced Small Cap ETF has a 52-week low of $25.19 and a 52-week high of $41.28. The business’s 50-day simple moving average is $39.78 and its 200 day simple moving average is $37.83.

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.