Cetera Investment Advisers lifted its position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE – Free Report) by 24.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,043,214 shares of the company’s stock after purchasing an additional 398,833 shares during the period. Cetera Investment Advisers’ holdings in Fidelity Enhanced Mid Cap ETF were worth $73,474,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of FMDE. Anchor Investment Management LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF in the fourth quarter valued at $30,000. Quattro Advisors LLC acquired a new position in shares of Fidelity Enhanced Mid Cap ETF during the 4th quarter worth about $43,000. Cornerstone Planning Group LLC boosted its position in shares of Fidelity Enhanced Mid Cap ETF by 70.1% during the 1st quarter. Cornerstone Planning Group LLC now owns 1,102 shares of the company’s stock worth $43,000 after acquiring an additional 454 shares in the last quarter. Root Financial Partners LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF in the 1st quarter valued at about $54,000. Finally, Advisory Services Network LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF in the 3rd quarter valued at about $75,000.
Fidelity Enhanced Mid Cap ETF Stock Performance
Shares of NYSEARCA FMDE opened at $40.38 on Friday. The stock’s 50-day simple moving average is $39.94 and its 200-day simple moving average is $38.26. The firm has a market capitalization of $7.51 billion, a PE ratio of 20.20 and a beta of 0.91. Fidelity Enhanced Mid Cap ETF has a fifty-two week low of $34.06 and a fifty-two week high of $40.86.
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.
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