Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) Shares Sold by Wells Fargo & Company MN

Wells Fargo & Company MN cut its position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 27.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,032 shares of the company’s stock after selling 400 shares during the quarter. Wells Fargo & Company MN’s holdings in Fidelity Enhanced Mid Cap ETF were worth $34,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the 4th quarter worth about $70,000. Harbour Investments Inc. raised its stake in Fidelity Enhanced Mid Cap ETF by 34.3% during the fourth quarter. Harbour Investments Inc. now owns 2,812 shares of the company’s stock worth $92,000 after acquiring an additional 718 shares during the period. CIBC Private Wealth Group LLC lifted its holdings in Fidelity Enhanced Mid Cap ETF by 94.2% in the fourth quarter. CIBC Private Wealth Group LLC now owns 4,485 shares of the company’s stock worth $149,000 after acquiring an additional 2,175 shares during the last quarter. Veridan Wealth LLC acquired a new position in Fidelity Enhanced Mid Cap ETF in the fourth quarter valued at approximately $210,000. Finally, PNC Financial Services Group Inc. boosted its stake in Fidelity Enhanced Mid Cap ETF by 169.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 6,723 shares of the company’s stock valued at $221,000 after acquiring an additional 4,229 shares during the period.

Fidelity Enhanced Mid Cap ETF Price Performance

NYSEARCA:FMDE opened at $33.29 on Thursday. The firm has a market capitalization of $1.89 billion, a P/E ratio of 18.91 and a beta of 0.93. The business has a 50 day simple moving average of $30.93 and a 200 day simple moving average of $32.83. Fidelity Enhanced Mid Cap ETF has a 12-month low of $26.93 and a 12-month high of $35.44.

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.