Madison Wealth Partners Inc Purchases Shares of 11,473 Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM)

Madison Wealth Partners Inc bought a new position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 11,473 shares of the company’s stock, valued at approximately $371,000. Madison Wealth Partners Inc owned about 0.06% of Fidelity Enhanced Small Cap ETF as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Financial Perspectives Inc grew its holdings in shares of Fidelity Enhanced Small Cap ETF by 4.7% in the 4th quarter. Financial Perspectives Inc now owns 11,854 shares of the company’s stock worth $383,000 after purchasing an additional 527 shares during the last quarter. FMA Wealth Management LLC grew its holdings in shares of Fidelity Enhanced Small Cap ETF by 0.7% in the 4th quarter. FMA Wealth Management LLC now owns 86,847 shares of the company’s stock worth $2,809,000 after purchasing an additional 641 shares during the last quarter. HighTower Advisors LLC grew its holdings in shares of Fidelity Enhanced Small Cap ETF by 8.7% in the 3rd quarter. HighTower Advisors LLC now owns 10,233 shares of the company’s stock worth $330,000 after purchasing an additional 815 shares during the last quarter. Principal Securities Inc. grew its holdings in shares of Fidelity Enhanced Small Cap ETF by 208.7% in 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 last quarter. Finally, AdvisorNet Financial Inc grew its holdings in shares of 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 worth $72,000 after purchasing an additional 1,826 shares during the last quarter.

Fidelity Enhanced Small Cap ETF Stock Performance

FESM opened at $29.62 on Thursday. The firm’s 50-day simple moving average is $32.60 and its 200-day simple moving average is $32.82. The firm has a market cap of $2.09 billion, a price-to-earnings ratio of 17.03 and a beta of 1.22. Fidelity Enhanced Small Cap ETF has a twelve month low of $27.33 and a twelve month high of $36.13.

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.