Strata Wealth Advisors LLC Grows Stake in Fidelity Enhanced Mid Cap ETF $FMDE

Strata Wealth Advisors LLC grew its position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 64.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 162,771 shares of the company’s stock after buying an additional 64,005 shares during the quarter. Fidelity Enhanced Mid Cap ETF accounts for approximately 1.6% of Strata Wealth Advisors LLC’s holdings, making the stock its 13th biggest holding. Strata Wealth Advisors LLC owned 0.10% of Fidelity Enhanced Mid Cap ETF worth $5,853,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Anchor Investment Management LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF during the fourth quarter valued at approximately $30,000. Quattro Advisors LLC acquired a new stake in shares of Fidelity Enhanced Mid Cap ETF in the fourth quarter valued at about $43,000. Root Financial Partners LLC purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF during the first quarter valued at approximately $54,000. Advisory Services Network LLC acquired a new position in Fidelity Enhanced Mid Cap ETF in the 3rd quarter worth $75,000. Finally, Geneos Wealth Management Inc. boosted its holdings in Fidelity Enhanced Mid Cap ETF by 15.6% in the second quarter. Geneos Wealth Management Inc. now owns 2,450 shares of the company’s stock valued at $84,000 after purchasing an additional 331 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Price Performance

FMDE traded down $0.18 during trading on Tuesday, hitting $40.42. The company had a trading volume of 187,929 shares, compared to its average volume of 951,386. Fidelity Enhanced Mid Cap ETF has a 1-year low of $33.92 and a 1-year high of $40.86. The business has a 50-day moving average of $39.45 and a 200-day moving average of $37.91. The company has a market cap of $7.37 billion, a PE ratio of 20.20 and a beta of 0.91.

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.