PFG Advisors increased its holdings in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE – Free Report) by 45.5% during the fourth quarter, Holdings Channel reports. The firm owned 48,385 shares of the company’s stock after purchasing an additional 15,128 shares during the period. PFG Advisors’ holdings in Fidelity Enhanced Mid Cap ETF were worth $1,589,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in the business. FMR LLC raised its holdings in shares of Fidelity Enhanced Mid Cap ETF by 51.7% in the 3rd quarter. FMR LLC now owns 6,556,111 shares of the company’s stock worth $210,845,000 after purchasing an additional 2,232,966 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of Fidelity Enhanced Mid Cap ETF during the fourth quarter valued at approximately $141,133,000. KFG Wealth Management LLC raised its holdings in shares of Fidelity Enhanced Mid Cap ETF by 29.1% during the fourth quarter. KFG Wealth Management LLC now owns 423,550 shares of the company’s stock valued at $13,914,000 after acquiring an additional 95,568 shares during the period. Parkside Investments LLC lifted its position in shares of Fidelity Enhanced Mid Cap ETF by 15.4% in the 4th quarter. Parkside Investments LLC now owns 410,323 shares of the company’s stock valued at $13,479,000 after acquiring an additional 54,613 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF in the 4th quarter valued at approximately $13,331,000.
Fidelity Enhanced Mid Cap ETF Stock Performance
Shares of NYSEARCA:FMDE opened at $31.10 on Thursday. The company has a market cap of $1.77 billion, a PE ratio of 19.79 and a beta of 0.93. Fidelity Enhanced Mid Cap ETF has a 52 week low of $28.21 and a 52 week high of $35.44. The firm has a 50 day simple moving average of $33.53 and a 200 day simple moving average of $33.12.
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.
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