AdvisorNet Financial Inc Boosts Holdings in Fidelity Enhanced Mid Cap ETF $FMDE

AdvisorNet Financial Inc raised its stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 10.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 160,600 shares of the company’s stock after buying an additional 15,791 shares during the quarter. AdvisorNet Financial Inc owned about 0.16% of Fidelity Enhanced Mid Cap ETF worth $5,806,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. CreativeOne Wealth LLC lifted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 2.5% in the second quarter. CreativeOne Wealth LLC now owns 11,734 shares of the company’s stock worth $404,000 after buying an additional 289 shares in the last quarter. D.A. Davidson & CO. increased its holdings in Fidelity Enhanced Mid Cap ETF by 0.4% in the 2nd quarter. D.A. Davidson & CO. now owns 81,673 shares of the company’s stock valued at $2,811,000 after acquiring an additional 292 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in Fidelity Enhanced Mid Cap ETF by 15.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 2,450 shares of the company’s stock worth $84,000 after purchasing an additional 331 shares in the last quarter. Fifth Third Securities Inc. boosted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 1.2% during the 2nd quarter. Fifth Third Securities Inc. now owns 40,750 shares of the company’s stock valued at $1,402,000 after purchasing an additional 480 shares during the last quarter. Finally, OmniStar Financial Group Inc. grew its position in shares of Fidelity Enhanced Mid Cap ETF by 1.6% during the second quarter. OmniStar Financial Group Inc. now owns 40,684 shares of the company’s stock valued at $1,400,000 after purchasing an additional 660 shares in the last quarter.

Fidelity Enhanced Mid Cap ETF Trading Up 0.4%

Shares of FMDE stock opened at $36.51 on Friday. The stock has a market capitalization of $4.14 billion, a price-to-earnings ratio of 20.20 and a beta of 1.13. Fidelity Enhanced Mid Cap ETF has a 12-month low of $26.93 and a 12-month high of $37.20. The stock’s 50-day moving average price is $35.89 and its 200-day moving average price is $35.36.

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.