Comerica Bank Acquires Shares of 2,675 Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Comerica Bank purchased a new position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 2,675 shares of the company’s stock, valued at approximately $88,000.

Other hedge funds have also recently made changes to their positions in the company. Capital Analysts LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF during the 4th quarter valued at $28,000. OneDigital Investment Advisors LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF during the 4th quarter valued at about $3,460,000. MML Investors Services LLC lifted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 45.7% in the 4th quarter. MML Investors Services LLC now owns 58,299 shares of the company’s stock valued at $1,915,000 after acquiring an additional 18,278 shares during the last quarter. Demars Financial Group LLC lifted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 3,108.5% in the 4th quarter. Demars Financial Group LLC now owns 535,015 shares of the company’s stock valued at $16,286,000 after acquiring an additional 518,340 shares during the last quarter. Finally, Belpointe Asset Management LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the 4th quarter valued at about $998,000.

Fidelity Enhanced Mid Cap ETF Price Performance

Fidelity Enhanced Mid Cap ETF stock opened at $33.83 on Monday. Fidelity Enhanced Mid Cap ETF has a 1-year low of $26.93 and a 1-year high of $35.44. The firm has a market capitalization of $1.93 billion, a P/E ratio of 18.91 and a beta of 0.93. The company’s 50-day moving average is $31.06 and its 200 day moving average is $32.85.

Fidelity Enhanced Mid Cap ETF 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.