Envestnet Asset Management Inc. Lowers Holdings in Fidelity Enhanced Mid Cap ETF $FMDE

Envestnet Asset Management Inc. reduced its position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 5.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 645,621 shares of the company’s stock after selling 34,172 shares during the quarter. Envestnet Asset Management Inc. owned about 0.76% of Fidelity Enhanced Mid Cap ETF worth $22,219,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Goldman Sachs Group Inc. lifted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 12,968.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,544,393 shares of the company’s stock worth $79,741,000 after buying an additional 2,524,924 shares during the period. Capital Analysts LLC raised its holdings in shares of Fidelity Enhanced Mid Cap ETF by 225,034.8% in the first quarter. Capital Analysts LLC now owns 1,886,630 shares of the company’s stock valued at $59,127,000 after acquiring an additional 1,885,792 shares in the last quarter. Richard P Slaughter Associates Inc raised its holdings in shares of Fidelity Enhanced Mid Cap ETF by 15.9% in the second quarter. Richard P Slaughter Associates Inc now owns 1,331,843 shares of the company’s stock valued at $45,835,000 after acquiring an additional 182,558 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in Fidelity Enhanced Mid Cap ETF by 21.6% in the first quarter. Commonwealth Equity Services LLC now owns 1,120,684 shares of the company’s stock worth $35,122,000 after acquiring an additional 199,119 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Fidelity Enhanced Mid Cap ETF by 128.1% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,116,036 shares of the company’s stock worth $34,977,000 after acquiring an additional 626,670 shares in the last quarter.

Fidelity Enhanced Mid Cap ETF Stock Performance

NYSEARCA FMDE opened at $35.37 on Wednesday. The company has a market capitalization of $4.01 billion, a price-to-earnings ratio of 20.20 and a beta of 1.13. The company’s 50-day simple moving average is $35.95 and its two-hundred day simple moving average is $34.55. 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 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.