12,572 Fidelity Enhanced Mid Cap ETF $FMDE Shares Purchased by Kendall Capital Management

Kendall Capital Management boosted its stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 1.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 679,438 shares of the company’s stock after buying an additional 12,572 shares during the quarter. Fidelity Enhanced Mid Cap ETF makes up approximately 4.5% of Kendall Capital Management’s portfolio, making the stock its 4th biggest position. Kendall Capital Management owned 0.33% of Fidelity Enhanced Mid Cap ETF worth $27,436,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Wedbush Securities Inc. bought a new position in shares of Fidelity Enhanced Mid Cap ETF during the third quarter worth about $353,000. Root Financial Partners LLC bought a new stake in Fidelity Enhanced Mid Cap ETF in the third quarter valued at approximately $157,000. Carnegie Investment Counsel bought a new stake in Fidelity Enhanced Mid Cap ETF in the third quarter valued at approximately $760,000. Mayfair Advisory Group LLC increased its position in Fidelity Enhanced Mid Cap ETF by 5.2% during the 3rd quarter. Mayfair Advisory Group LLC now owns 452,892 shares of the company’s stock valued at $18,288,000 after purchasing an additional 22,242 shares during the period. Finally, Tenet Wealth Partners LLC increased its position in Fidelity Enhanced Mid Cap ETF by 3.5% during the 3rd quarter. Tenet Wealth Partners LLC now owns 21,099 shares of the company’s stock valued at $852,000 after purchasing an additional 705 shares during the period.

Fidelity Enhanced Mid Cap ETF Stock Performance

Fidelity Enhanced Mid Cap ETF stock opened at $41.42 on Friday. Fidelity Enhanced Mid Cap ETF has a 52-week low of $34.33 and a 52-week high of $42.97. The firm has a 50 day moving average price of $41.47 and a two-hundred day moving average price of $40.35. The firm has a market cap of $8.47 billion, a price-to-earnings ratio of 20.20 and a beta of 0.93.

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.