SFG Wealth Management LLC. Invests $861,000 in Fidelity Enhanced Mid Cap ETF $FMDE

SFG Wealth Management LLC. bought a new stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDEFree Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 21,219 shares of the company’s stock, valued at approximately $861,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Anchor Investment Management LLC bought a new position in Fidelity Enhanced Mid Cap ETF during the fourth quarter valued at $30,000. Cornerstone Planning Group LLC increased its holdings in shares of Fidelity Enhanced Mid Cap ETF by 70.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 1,102 shares of the company’s stock worth $43,000 after buying an additional 454 shares during the last quarter. Quattro Advisors LLC bought a new stake in shares of Fidelity Enhanced Mid Cap ETF in the 4th quarter worth about $43,000. Root Financial Partners LLC purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF during the 1st quarter valued at about $54,000. Finally, Advisory Services Network LLC purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF during the 3rd quarter valued at about $75,000.

Fidelity Enhanced Mid Cap ETF Trading Down 0.2%

Shares of NYSEARCA:FMDE opened at $42.13 on Friday. The company has a market cap of $7.97 billion, a price-to-earnings ratio of 20.20 and a beta of 0.91. Fidelity Enhanced Mid Cap ETF has a 12 month low of $34.33 and a 12 month high of $42.97. The company has a 50-day moving average price of $41.42 and a 200 day moving average price of $39.26.

Fidelity Enhanced Mid Cap ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

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