Cetera Investment Advisers Trims Stock Holdings in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Cetera Investment Advisers decreased its stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 10.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 253,397 shares of the company’s stock after selling 30,916 shares during the quarter. Cetera Investment Advisers owned approximately 0.45% of Fidelity Enhanced Mid Cap ETF worth $8,324,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Harbour Investments Inc. boosted its stake in shares of Fidelity Enhanced Mid Cap ETF by 34.3% in the fourth quarter. Harbour Investments Inc. now owns 2,812 shares of the company’s stock worth $92,000 after acquiring an additional 718 shares during the period. Truist Financial Corp boosted its stake in shares of Fidelity Enhanced Mid Cap ETF by 5.3% in the fourth quarter. Truist Financial Corp now owns 16,525 shares of the company’s stock worth $543,000 after acquiring an additional 832 shares during the period. Capital Analysts LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the fourth quarter worth about $28,000. Evergreen Private Wealth LLC boosted its stake in shares of Fidelity Enhanced Mid Cap ETF by 3.9% in the fourth quarter. Evergreen Private Wealth LLC now owns 28,982 shares of the company’s stock worth $952,000 after acquiring an additional 1,075 shares during the period. Finally, Avantax Advisory Services Inc. boosted its stake in shares of Fidelity Enhanced Mid Cap ETF by 7.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 25,764 shares of the company’s stock worth $846,000 after acquiring an additional 1,720 shares during the period.

Fidelity Enhanced Mid Cap ETF Stock Down 0.1%

NYSEARCA FMDE opened at $32.25 on Monday. The firm has a market cap of $1.84 billion, a price-to-earnings ratio of 18.91 and a beta of 0.93. The business has a 50-day moving average price of $30.88 and a 200-day moving average price of $32.82. Fidelity Enhanced Mid Cap ETF has a twelve month low of $26.93 and a twelve month high of $35.44.

Fidelity Enhanced Mid Cap ETF Company 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.