Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) Shares Acquired by Gimbal Financial

Gimbal Financial lifted its position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 6.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 47,687 shares of the company’s stock after acquiring an additional 2,911 shares during the quarter. Fidelity Enhanced Mid Cap ETF comprises approximately 1.3% of Gimbal Financial’s holdings, making the stock its 13th largest position. Gimbal Financial’s holdings in Fidelity Enhanced Mid Cap ETF were worth $1,567,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Pathstone Holdings LLC boosted its position in shares of Fidelity Enhanced Mid Cap ETF by 3.7% during the 3rd quarter. Pathstone Holdings LLC now owns 188,244 shares of the company’s stock worth $6,054,000 after purchasing an additional 6,638 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Fidelity Enhanced Mid Cap ETF by 20,732.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 209,570 shares of the company’s stock worth $6,740,000 after purchasing an additional 208,564 shares during the period. Prospera Financial Services Inc purchased a new position in shares of Fidelity Enhanced Mid Cap ETF during the 3rd quarter worth approximately $215,000. HighTower Advisors LLC boosted its position in shares of Fidelity Enhanced Mid Cap ETF by 118.8% during the 3rd quarter. HighTower Advisors LLC now owns 22,749 shares of the company’s stock worth $732,000 after purchasing an additional 12,351 shares during the period. Finally, Geneos Wealth Management Inc. purchased a new position in shares of Fidelity Enhanced Mid Cap ETF during the 4th quarter worth approximately $70,000.

Fidelity Enhanced Mid Cap ETF Stock Performance

NYSEARCA:FMDE opened at $34.56 on Wednesday. The stock has a market capitalization of $1.97 billion, a P/E ratio of 19.53 and a beta of 0.93. The company has a 50 day moving average price of $33.82 and a 200 day moving average price of $32.81. Fidelity Enhanced Mid Cap ETF has a fifty-two week low of $28.09 and a fifty-two week high of $35.44.

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.