SouthState Corp Buys Shares of 2,845 Fidelity Enhanced Mid Cap ETF $FMDE

SouthState Corp bought a new position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) in the 2nd quarter, Holdings Channel.com reports. The fund bought 2,845 shares of the company’s stock, valued at approximately $98,000.

Several other hedge funds also recently modified their holdings of the business. Goldman Sachs Group Inc. raised its holdings in shares of Fidelity Enhanced Mid Cap ETF by 12,968.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,544,393 shares of the company’s stock valued at $79,741,000 after purchasing an additional 2,524,924 shares in the last quarter. Capital Analysts LLC raised its holdings in Fidelity Enhanced Mid Cap ETF by 225,034.8% during the first quarter. Capital Analysts LLC now owns 1,886,630 shares of the company’s stock valued at $59,127,000 after buying an additional 1,885,792 shares in the last quarter. Kestra Advisory Services LLC lifted its position in shares of Fidelity Enhanced Mid Cap ETF by 1,785.0% in the first quarter. Kestra Advisory Services LLC now owns 991,930 shares of the company’s stock worth $31,087,000 after buying an additional 939,308 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Fidelity Enhanced Mid Cap ETF by 148.2% during the 1st quarter. LPL Financial LLC now owns 1,082,328 shares of the company’s stock worth $33,920,000 after acquiring an additional 646,332 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of Fidelity Enhanced Mid Cap ETF by 128.1% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,116,036 shares of the company’s stock valued at $34,977,000 after acquiring an additional 626,670 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Stock Performance

Shares of FMDE stock opened at $35.66 on Friday. The stock’s 50 day simple moving average is $35.92 and its 200 day simple moving average is $34.61. Fidelity Enhanced Mid Cap ETF has a twelve month low of $26.93 and a twelve month high of $36.60. The company has a market capitalization of $4.05 billion, a price-to-earnings ratio of 20.20 and a beta of 1.13.

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.