Keystone Wealth Services LLC Invests $1.13 Million in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM)

Keystone Wealth Services LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 37,716 shares of the company’s stock, valued at approximately $1,133,000.

Several other hedge funds have also modified their holdings of FESM. Financial Perspectives Inc bought a new position in shares of Fidelity Enhanced Small Cap ETF during the 4th quarter valued at approximately $301,000. Traynor Capital Management Inc. bought a new position in shares of Fidelity Enhanced Small Cap ETF during the 4th quarter valued at approximately $771,000. International Assets Investment Management LLC bought a new position in shares of Fidelity Enhanced Small Cap ETF during the 4th quarter valued at approximately $121,000. Concord Wealth Partners bought a new position in shares of Fidelity Enhanced Small Cap ETF during the 4th quarter valued at approximately $44,000. Finally, EverSource Wealth Advisors LLC bought a new position in shares of Fidelity Enhanced Small Cap ETF during the 4th quarter valued at approximately $33,000.

Fidelity Enhanced Small Cap ETF Stock Performance

Fidelity Enhanced Small Cap ETF stock traded down $0.13 during mid-day trading on Tuesday, hitting $28.61. The company’s stock had a trading volume of 5,130 shares, compared to its average volume of 56,237. The company has a 50 day moving average of $28.85 and a 200-day moving average of $28.52. The stock has a market cap of $558.47 million, a PE ratio of 16.61 and a beta of 1.22. Fidelity Enhanced Small Cap ETF has a one year low of $24.58 and a one year high of $30.20.

Fidelity Enhanced Small Cap ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, June 25th. Shareholders of record on Friday, June 21st will be given a $0.053 dividend. The ex-dividend date of this dividend is Friday, June 21st.

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.