Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE – Get Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $39.16 and last traded at $38.94, with a volume of 34579 shares changing hands. The stock had previously closed at $38.79.
Fidelity Enhanced Mid Cap ETF Price Performance
The firm has a market capitalization of $6.60 billion, a PE ratio of 20.20 and a beta of 0.96. The business has a 50-day simple moving average of $37.11 and a 200-day simple moving average of $36.75.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of FMDE. Independent Financial Group LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF during the first quarter worth approximately $3,244,000. Prosperity Consulting Group LLC increased its holdings in Fidelity Enhanced Mid Cap ETF by 1.0% during the 1st quarter. Prosperity Consulting Group LLC now owns 286,522 shares of the company’s stock worth $10,303,000 after purchasing an additional 2,858 shares during the period. D.A. Davidson & CO. raised its position in Fidelity Enhanced Mid Cap ETF by 4.2% during the 1st quarter. D.A. Davidson & CO. now owns 155,636 shares of the company’s stock valued at $5,597,000 after purchasing an additional 6,206 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 27.5% in the 1st quarter. Bank of New York Mellon Corp now owns 312,508 shares of the company’s stock worth $11,238,000 after buying an additional 67,438 shares during the period. Finally, Nwam LLC lifted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 3.1% in the 1st quarter. Nwam LLC now owns 22,197 shares of the company’s stock worth $798,000 after buying an additional 672 shares during the period.
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.
See Also
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