Genesis Private Wealth LLC Has $1.20 Million Stake in Fidelity Enhanced Mid Cap ETF $FMDE

Genesis Private Wealth LLC grew its position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 413.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,889 shares of the company’s stock after acquiring an additional 26,478 shares during the period. Genesis Private Wealth LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $1,197,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. AE Wealth Management LLC grew its position in Fidelity Enhanced Mid Cap ETF by 632.9% during the 3rd quarter. AE Wealth Management LLC now owns 1,026 shares of the company’s stock worth $37,000 after acquiring an additional 886 shares during the last quarter. Holos Integrated Wealth LLC bought a new position in Fidelity Enhanced Mid Cap ETF in the 2nd quarter valued at $42,000. Clear Investment Research LLC raised its position in Fidelity Enhanced Mid Cap ETF by 209.6% in the 3rd quarter. Clear Investment Research LLC now owns 1,288 shares of the company’s stock valued at $47,000 after purchasing an additional 872 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in Fidelity Enhanced Mid Cap ETF by 4,160.9% in 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 in the last quarter. Finally, Advisory Services Network LLC acquired a new position in Fidelity Enhanced Mid Cap ETF in the third quarter worth $75,000.

Fidelity Enhanced Mid Cap ETF Stock Performance

Shares of FMDE stock opened at $35.32 on Friday. Fidelity Enhanced Mid Cap ETF has a 52 week low of $26.93 and a 52 week high of $38.26. The stock has a market capitalization of $4.85 billion, a PE ratio of 20.20 and a beta of 1.13. The stock’s fifty day moving average is $37.20 and its 200-day moving average is $36.49.

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.