Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC grew its stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 64.0% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 497,543 shares of the company’s stock after purchasing an additional 194,249 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $14,653,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of FMDE. CWM LLC purchased a new position in Fidelity Enhanced Mid Cap ETF in the 1st quarter worth $37,000. Salomon & Ludwin LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF in the first quarter worth about $46,000. Smithfield Trust Co acquired a new stake in shares of Fidelity Enhanced Mid Cap ETF during the fourth quarter worth about $86,000. JFS Wealth Advisors LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF in the fourth quarter valued at approximately $104,000. Finally, Sound Income Strategies LLC acquired a new position in Fidelity Enhanced Mid Cap ETF in the 1st quarter worth approximately $202,000.

Fidelity Enhanced Mid Cap ETF Trading Down 1.9 %

FMDE opened at $30.89 on Wednesday. The firm has a 50 day moving average of $30.09 and a two-hundred day moving average of $29.73. The firm has a market capitalization of $1.76 billion, a PE ratio of 19.53 and a beta of 0.93. Fidelity Enhanced Mid Cap ETF has a 12-month low of $24.82 and a 12-month high of $31.50.

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.