HighTower Advisors LLC Buys 17,341 Shares of Fidelity Enhanced Mid Cap ETF $FMDE

HighTower Advisors LLC increased its stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 33.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 68,846 shares of the company’s stock after acquiring an additional 17,341 shares during the quarter. HighTower Advisors LLC owned about 0.06% of Fidelity Enhanced Mid Cap ETF worth $2,489,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. CreativeOne Wealth LLC raised its holdings in Fidelity Enhanced Mid Cap ETF by 2.5% during the 2nd quarter. CreativeOne Wealth LLC now owns 11,734 shares of the company’s stock worth $404,000 after purchasing an additional 289 shares during the last quarter. Geneos Wealth Management Inc. increased its position 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 buying an additional 331 shares during the period. OmniStar Financial Group Inc. raised its stake in Fidelity Enhanced Mid Cap ETF by 1.6% during the second quarter. OmniStar Financial Group Inc. now owns 40,684 shares of the company’s stock worth $1,400,000 after buying an additional 660 shares during the last quarter. Williams & Novak LLC lifted its holdings in Fidelity Enhanced Mid Cap ETF by 12.1% in the third quarter. Williams & Novak LLC now owns 7,269 shares of the company’s stock valued at $263,000 after buying an additional 785 shares during the period. Finally, AE Wealth Management LLC lifted its holdings in Fidelity Enhanced Mid Cap ETF by 632.9% in the third quarter. AE Wealth Management LLC now owns 1,026 shares of the company’s stock valued at $37,000 after buying an additional 886 shares during the period.

Fidelity Enhanced Mid Cap ETF Trading Down 0.5%

Shares of Fidelity Enhanced Mid Cap ETF stock opened at $38.06 on Friday. The business has a 50-day moving average price of $37.30 and a two-hundred day moving average price of $36.38. Fidelity Enhanced Mid Cap ETF has a 1-year low of $26.93 and a 1-year high of $38.26. The company has a market cap of $5.22 billion, a P/E ratio of 20.20 and a beta of 1.13.

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.