Milestone Investment Advisors LLC Increases Stock Holdings in Fidelity Enhanced Small Cap ETF $FESM

Milestone Investment Advisors LLC grew its stake in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 10.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 150,523 shares of the company’s stock after purchasing an additional 13,860 shares during the quarter. Fidelity Enhanced Small Cap ETF makes up about 1.4% of Milestone Investment Advisors LLC’s holdings, making the stock its 24th biggest position. Milestone Investment Advisors LLC owned 0.19% of Fidelity Enhanced Small Cap ETF worth $5,503,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of FESM. Nations Financial Group Inc. IA ADV acquired a new stake in Fidelity Enhanced Small Cap ETF during the 3rd quarter worth $672,000. Calamos Wealth Management LLC acquired a new position in Fidelity Enhanced Small Cap ETF in the third quarter valued at $33,876,000. Osaic Holdings Inc. grew its holdings in shares of Fidelity Enhanced Small Cap ETF by 61.8% during the second quarter. Osaic Holdings Inc. now owns 264,590 shares of the company’s stock worth $8,465,000 after purchasing an additional 101,093 shares during the last quarter. Mayfair Advisory Group LLC grew its holdings in shares of Fidelity Enhanced Small Cap ETF by 177.8% during the third quarter. Mayfair Advisory Group LLC now owns 150,563 shares of the company’s stock worth $5,505,000 after purchasing an additional 96,373 shares during the last quarter. Finally, Vantagepoint Investment Advisers LLC acquired a new stake in shares of Fidelity Enhanced Small Cap ETF during the third quarter worth about $51,358,000.

Fidelity Enhanced Small Cap ETF Stock Up 0.9%

Shares of NYSEARCA FESM opened at $37.89 on Tuesday. The stock has a market cap of $3.63 billion, a PE ratio of 16.78 and a beta of 1.48. The business has a 50-day moving average price of $39.78 and a 200 day moving average price of $38.01. Fidelity Enhanced Small Cap ETF has a 52-week low of $25.19 and a 52-week high of $41.28.

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.