Envestnet Asset Management Inc. lessened its position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE – Free Report) by 2.5% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 73,205 shares of the company’s stock after selling 1,892 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.13% of Fidelity Enhanced Mid Cap ETF worth $2,156,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also bought and sold shares of the company. CWM LLC purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF in the first quarter worth $37,000. Salomon & Ludwin LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF during the 1st quarter valued at about $46,000. Ashton Thomas Private Wealth LLC bought a new stake in Fidelity Enhanced Mid Cap ETF during the 2nd quarter valued at about $55,000. Anfield Capital Management LLC bought a new stake in Fidelity Enhanced Mid Cap ETF during the 2nd quarter valued at about $116,000. Finally, Smithfield Trust Co raised its holdings in Fidelity Enhanced Mid Cap ETF by 73.0% in the first quarter. Smithfield Trust Co now owns 5,450 shares of the company’s stock worth $166,000 after buying an additional 2,300 shares during the last quarter.
Fidelity Enhanced Mid Cap ETF Stock Up 0.9 %
NYSEARCA:FMDE opened at $32.18 on Friday. The stock has a market cap of $1.83 billion, a price-to-earnings ratio of 19.53 and a beta of 0.93. The company’s 50 day moving average price is $30.84 and its 200-day moving average price is $30.09. Fidelity Enhanced Mid Cap ETF has a 52 week low of $24.82 and a 52 week high of $32.20.
Fidelity Enhanced Mid Cap ETF Profile
The Fidelity Enhanced Mid Cap ETF (FMDE) is an exchange-traded fund that mostly invests in mid cap equity. The fund is an actively managed fund that invests in US, mid-cap companies. Stock selection is based on computer-aided analysis, which chooses stocks belonging to the Russel Midcap Index. FMDE was launched on Dec 20, 2007 and is issued by Fidelity.
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