IFP Advisors Inc Acquires 28,009 Shares of Fidelity Enhanced Mid Cap ETF $FMDE

IFP Advisors Inc grew its position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 919.5% during the fourth quarter, HoldingsChannel reports. The firm owned 31,055 shares of the company’s stock after buying an additional 28,009 shares during the period. IFP Advisors Inc’s holdings in Fidelity Enhanced Mid Cap ETF were worth $1,130,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Fidelity Enhanced Mid Cap ETF by 170.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 18,829,902 shares of the company’s stock valued at $685,032,000 after purchasing an additional 11,869,760 shares during the last quarter. Huntington National Bank boosted its stake in Fidelity Enhanced Mid Cap ETF by 12.3% during the third quarter. Huntington National Bank now owns 2,705,555 shares of the company’s stock worth $97,806,000 after acquiring an additional 296,372 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Fidelity Enhanced Mid Cap ETF by 12,968.9% during the first quarter. Goldman Sachs Group Inc. now owns 2,544,393 shares of the company’s stock worth $79,741,000 after acquiring an additional 2,524,924 shares in the last quarter. Thrivent Financial for Lutherans bought a new position in Fidelity Enhanced Mid Cap ETF during the fourth quarter worth $84,551,000. Finally, Raymond James Financial Inc. boosted its stake in Fidelity Enhanced Mid Cap ETF by 114.4% during the third quarter. Raymond James Financial Inc. now owns 2,111,621 shares of the company’s stock worth $76,335,000 after acquiring an additional 1,126,665 shares in the last quarter.

Fidelity Enhanced Mid Cap ETF Stock Up 1.1%

Shares of NYSEARCA FMDE opened at $39.19 on Friday. The firm has a market cap of $6.61 billion, a PE ratio of 20.20 and a beta of 0.96. Fidelity Enhanced Mid Cap ETF has a 12-month low of $32.50 and a 12-month high of $39.39. The company’s fifty day simple moving average is $37.45 and its 200 day simple moving average is $37.01.

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.