Mcrae Capital Management Inc. Purchases Shares of 31,737 Fidelity Enhanced Mid Cap ETF $FMDE

Mcrae Capital Management Inc. acquired a new stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 31,737 shares of the company’s stock, valued at approximately $1,092,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. CWM LLC acquired a new stake in shares of Fidelity Enhanced Mid Cap ETF in the 2nd quarter valued at about $31,000. Marshall Investment Management LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the 1st quarter worth $38,000. Atlantic Union Bankshares Corp acquired a new stake in Fidelity Enhanced Mid Cap ETF in the 2nd quarter valued at $44,000. SouthState Corp bought a new stake in Fidelity Enhanced Mid Cap ETF during the 2nd quarter valued at $98,000. Finally, Comerica Bank raised its holdings in Fidelity Enhanced Mid Cap ETF by 37.8% during the first quarter. Comerica Bank now owns 3,685 shares of the company’s stock worth $115,000 after buying an additional 1,010 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Price Performance

Shares of NYSEARCA FMDE opened at $35.21 on Friday. Fidelity Enhanced Mid Cap ETF has a 1 year low of $26.93 and a 1 year high of $36.60. The stock has a market capitalization of $4.00 billion, a P/E ratio of 20.20 and a beta of 1.13. The company has a 50-day moving average price of $35.93 and a 200-day moving average price of $34.56.

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.