Park Avenue Securities LLC Buys 66,555 Shares of Fidelity Enhanced Mid Cap ETF $FMDE

Park Avenue Securities LLC grew its position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 232.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 95,201 shares of the company’s stock after acquiring an additional 66,555 shares during the quarter. Park Avenue Securities LLC owned 0.08% of Fidelity Enhanced Mid Cap ETF worth $3,463,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. TrueWealth Advisors LLC purchased a new position in Fidelity Enhanced Mid Cap ETF during the third quarter worth about $3,843,000. Adamsbrown Wealth Consultants LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF in the 3rd quarter valued at about $18,243,000. Essex Financial Services Inc. purchased a new stake in Fidelity Enhanced Mid Cap ETF in the 3rd quarter valued at about $632,000. Envestnet Asset Management Inc. lifted its position in shares of Fidelity Enhanced Mid Cap ETF by 129.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,482,448 shares of the company’s stock worth $53,590,000 after buying an additional 836,827 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF during the 2nd quarter worth approximately $548,000.

Fidelity Enhanced Mid Cap ETF Stock Down 2.1%

Shares of NYSEARCA FMDE opened at $35.32 on Monday. The company has a market capitalization of $4.85 billion, a PE ratio of 20.20 and a beta of 1.13. The stock’s 50 day moving average price is $37.20 and its 200-day moving average price is $36.50. Fidelity Enhanced Mid Cap ETF has a twelve month low of $26.93 and a twelve month high of $38.26.

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.