Kestra Private Wealth Services LLC Has $3.29 Million Stock Position in Fidelity Enhanced Mid Cap ETF $FMDE

Kestra Private Wealth Services LLC lifted its stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 21.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 91,431 shares of the company’s stock after purchasing an additional 16,325 shares during the period. Kestra Private Wealth Services LLC owned 0.06% of Fidelity Enhanced Mid Cap ETF worth $3,288,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Royal Bank of Canada grew its stake in shares of Fidelity Enhanced Mid Cap ETF by 777.6% in the first quarter. Royal Bank of Canada now owns 59,442 shares of the company’s stock valued at $1,863,000 after buying an additional 52,669 shares in the last quarter. Goldman Sachs Group Inc. raised its position 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. JPMorgan Chase & Co. lifted its stake in Fidelity Enhanced Mid Cap ETF by 5.8% in the second quarter. JPMorgan Chase & Co. now owns 231,266 shares of the company’s stock valued at $7,959,000 after acquiring an additional 12,728 shares during the last quarter. Main Street Financial Solutions LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF in the second quarter valued at $205,000. Finally, Betterment LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the 2nd quarter valued at about $387,000.

Fidelity Enhanced Mid Cap ETF Price Performance

Fidelity Enhanced Mid Cap ETF stock opened at $40.34 on Friday. The firm has a market capitalization of $6.81 billion, a PE ratio of 20.20 and a beta of 0.94. The company’s 50-day moving average is $39.20 and its 200-day moving average is $37.74. Fidelity Enhanced Mid Cap ETF has a fifty-two week low of $33.92 and a fifty-two week high of $40.86.

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.