PKS Advisory Services LLC Purchases New Holdings in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM)

PKS Advisory Services LLC acquired a new position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 27,754 shares of the company’s stock, valued at approximately $898,000. PKS Advisory Services LLC owned about 0.14% of Fidelity Enhanced Small Cap ETF at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Principal Securities Inc. raised 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. Private Trust Co. NA purchased a new position in Fidelity Enhanced Small Cap ETF in the fourth quarter valued at about $71,000. AdvisorNet Financial Inc grew its position in shares of Fidelity Enhanced Small Cap ETF by 471.8% during the 4th quarter. AdvisorNet Financial Inc now owns 2,213 shares of the company’s stock valued at $72,000 after acquiring an additional 1,826 shares during the period. Flagship Harbor Advisors LLC purchased a new stake in shares of Fidelity Enhanced Small Cap ETF during the 4th quarter worth approximately $201,000. Finally, Cornerstone Wealth Management LLC purchased a new stake in shares of Fidelity Enhanced Small Cap ETF during the 4th quarter worth approximately $210,000.

Fidelity Enhanced Small Cap ETF Trading Up 2.7 %

Fidelity Enhanced Small Cap ETF stock opened at $30.89 on Tuesday. The business’s 50 day simple moving average is $32.22 and its 200 day simple moving average is $32.75. Fidelity Enhanced Small Cap ETF has a 12 month low of $27.33 and a 12 month high of $36.13. The company has a market cap of $1.74 billion, a price-to-earnings ratio of 16.20 and a beta of 1.22.

About Fidelity Enhanced Small Cap ETF

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.