Fmr LLC Grows Stock Position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Fmr LLC grew its position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 51.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,556,111 shares of the company’s stock after buying an additional 2,232,966 shares during the period. Fmr LLC owned 0.12% of Fidelity Enhanced Mid Cap ETF worth $210,845,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Truist Financial Corp grew its position in shares of Fidelity Enhanced Mid Cap ETF by 12.6% during the 2nd quarter. Truist Financial Corp now owns 14,901 shares of the company’s stock valued at $439,000 after purchasing an additional 1,663 shares in the last quarter. Pathstone Holdings LLC raised its holdings in shares of Fidelity Enhanced Mid Cap ETF by 3.7% in the 3rd quarter. Pathstone Holdings LLC now owns 188,244 shares of the company’s stock valued at $6,054,000 after acquiring an additional 6,638 shares in the last quarter. Peoples Bank KS bought a new stake in shares of Fidelity Enhanced Mid Cap ETF during the 3rd quarter valued at about $30,000. Gimbal Financial purchased a new position in shares of Fidelity Enhanced Mid Cap ETF during the third quarter worth about $1,454,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the second quarter worth approximately $55,000.

Fidelity Enhanced Mid Cap ETF Stock Performance

Shares of NYSEARCA:FMDE opened at $35.17 on Tuesday. The firm has a fifty day moving average of $33.18 and a 200 day moving average of $31.18. Fidelity Enhanced Mid Cap ETF has a 52-week low of $25.69 and a 52-week high of $35.44. The firm has a market capitalization of $2.00 billion, a PE ratio of 19.53 and a beta of 0.93.

About Fidelity Enhanced Mid Cap ETF

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.