Fidelity Enhanced Mid Cap ETF $FMDE Shares Bought by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC grew its stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 43.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,561 shares of the company’s stock after acquiring an additional 4,422 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $508,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FMDE. Flagship Harbor Advisors LLC purchased a new position in Fidelity Enhanced Mid Cap ETF in the 1st quarter valued at about $289,000. Janney Montgomery Scott LLC raised its position in shares of Fidelity Enhanced Mid Cap ETF by 30.3% in the first quarter. Janney Montgomery Scott LLC now owns 58,365 shares of the company’s stock valued at $1,829,000 after buying an additional 13,586 shares during the last quarter. D.A. Davidson & CO. raised its position in shares of Fidelity Enhanced Mid Cap ETF by 17.6% in the first quarter. D.A. Davidson & CO. now owns 81,381 shares of the company’s stock valued at $2,550,000 after buying an additional 12,205 shares during the last quarter. Aspen Wealth Strategies LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF during the first quarter valued at approximately $5,513,000. Finally, Private Advisor Group LLC boosted its position in Fidelity Enhanced Mid Cap ETF by 52.4% during the first quarter. Private Advisor Group LLC now owns 78,554 shares of the company’s stock worth $2,462,000 after acquiring an additional 27,010 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Stock Performance

FMDE stock opened at $36.23 on Monday. The company has a 50 day moving average price of $35.66 and a two-hundred day moving average price of $33.67. The stock has a market capitalization of $3.68 billion, a P/E ratio of 20.20 and a beta of 0.93. Fidelity Enhanced Mid Cap ETF has a one year low of $26.93 and a one year high of $36.60.

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.