167,874 Shares in Fidelity Enhanced Mid Cap ETF $FMDE Purchased by Base Wealth Management LLC

Base Wealth Management LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 167,874 shares of the company’s stock, valued at approximately $6,107,000. Fidelity Enhanced Mid Cap ETF accounts for approximately 3.3% of Base Wealth Management LLC’s holdings, making the stock its 11th largest position. Base Wealth Management LLC owned about 0.13% of Fidelity Enhanced Mid Cap ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of Fidelity Enhanced Mid Cap ETF by 201.0% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 6,960,142 shares of the company’s stock valued at $251,609,000 after acquiring an additional 4,647,932 shares in the last quarter. Huntington National Bank grew its stake in Fidelity Enhanced Mid Cap ETF by 12.3% in the third quarter. Huntington National Bank now owns 2,705,555 shares of the company’s stock worth $97,806,000 after purchasing an additional 296,372 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Fidelity Enhanced Mid Cap ETF by 12,968.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,544,393 shares of the company’s stock worth $79,741,000 after purchasing an additional 2,524,924 shares in the last quarter. Raymond James Financial Inc. increased its holdings in Fidelity Enhanced Mid Cap ETF by 114.4% during the 3rd quarter. Raymond James Financial Inc. now owns 2,111,621 shares of the company’s stock worth $76,335,000 after purchasing an additional 1,126,665 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in Fidelity Enhanced Mid Cap ETF by 8,528.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,022,442 shares of the company’s stock worth $73,118,000 after purchasing an additional 1,999,003 shares during the period.

Fidelity Enhanced Mid Cap ETF Price Performance

Shares of NYSEARCA FMDE opened at $36.41 on Monday. Fidelity Enhanced Mid Cap ETF has a twelve month low of $26.93 and a twelve month high of $38.26. The firm has a market cap of $5.94 billion, a PE ratio of 20.20 and a beta of 1.13. The business has a fifty day simple moving average of $36.88 and a two-hundred day simple moving average of $36.48.

About Fidelity Enhanced Mid Cap ETF

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.