Adamsbrown Wealth Consultants LLC Takes Position in Fidelity Enhanced Mid Cap ETF $FMDE

Adamsbrown Wealth Consultants LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 504,647 shares of the company’s stock, valued at approximately $18,243,000. Fidelity Enhanced Mid Cap ETF makes up 5.0% of Adamsbrown Wealth Consultants LLC’s investment portfolio, making the stock its 6th largest holding. Adamsbrown Wealth Consultants LLC owned about 0.44% of Fidelity Enhanced Mid Cap ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. CWM LLC bought a new position in Fidelity Enhanced Mid Cap ETF in the 2nd quarter valued at approximately $31,000. Holos Integrated Wealth LLC bought a new position in Fidelity Enhanced Mid Cap ETF in the second quarter valued at about $42,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Fidelity Enhanced Mid Cap ETF during the second quarter valued at about $44,000. Farther Finance Advisors LLC grew its holdings in shares of Fidelity Enhanced Mid Cap ETF by 4,160.9% during the third quarter. Farther Finance Advisors LLC now owns 1,960 shares of the company’s stock worth $71,000 after purchasing an additional 1,914 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Fidelity Enhanced Mid Cap ETF by 15.6% during the second quarter. Geneos Wealth Management Inc. now owns 2,450 shares of the company’s stock worth $84,000 after purchasing an additional 331 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Stock Performance

Shares of NYSEARCA:FMDE opened at $37.46 on Wednesday. Fidelity Enhanced Mid Cap ETF has a 52 week low of $26.93 and a 52 week high of $37.92. The firm has a market cap of $4.99 billion, a PE ratio of 20.20 and a beta of 1.13. The firm’s fifty day moving average is $36.70 and its 200-day moving average is $35.98.

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.