Flynn Zito Capital Management LLC grew its stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE – Free Report) by 11.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 148,455 shares of the company’s stock after purchasing an additional 15,065 shares during the quarter. Fidelity Enhanced Mid Cap ETF comprises about 1.6% of Flynn Zito Capital Management LLC’s holdings, making the stock its 18th biggest holding. Flynn Zito Capital Management LLC owned about 0.07% of Fidelity Enhanced Mid Cap ETF worth $5,995,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF during the third quarter valued at about $508,000. Henderson Brothers Financial Partners LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF in the third quarter worth about $337,000. StoneX Group Inc. purchased a new stake in Fidelity Enhanced Mid Cap ETF in the third quarter worth about $1,605,000. Parallel Advisors LLC lifted its holdings in Fidelity Enhanced Mid Cap ETF by 92.0% in the third quarter. Parallel Advisors LLC now owns 1,920 shares of the company’s stock worth $78,000 after buying an additional 920 shares during the period. Finally, Asset Dedication LLC bought a new stake in Fidelity Enhanced Mid Cap ETF during the 3rd quarter valued at approximately $37,000.
Fidelity Enhanced Mid Cap ETF Stock Performance
Fidelity Enhanced Mid Cap ETF stock opened at $41.83 on Tuesday. Fidelity Enhanced Mid Cap ETF has a fifty-two week low of $34.33 and a fifty-two week high of $42.97. The stock’s 50 day simple moving average is $41.31 and its two-hundred day simple moving average is $39.55. The stock has a market cap of $8.70 billion, a price-to-earnings ratio of 18.66 and a beta of 0.90.
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.
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