Citadel Advisors LLC Takes $118.75 Million Position in Fidelity Enhanced Mid Cap ETF $FMDE

Citadel Advisors LLC acquired a new position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,926,269 shares of the company’s stock, valued at approximately $118,748,000.

Several other institutional investors have also made changes to their positions in the business. Royal Bank of Canada increased its stake in Fidelity Enhanced Mid Cap ETF by 777.6% in the first quarter. Royal Bank of Canada now owns 59,442 shares of the company’s stock valued at $1,863,000 after acquiring an additional 52,669 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Fidelity Enhanced Mid Cap ETF by 12,968.9% during the first quarter. Goldman Sachs Group Inc. now owns 2,544,393 shares of the company’s stock valued at $79,741,000 after purchasing an additional 2,524,924 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Fidelity Enhanced Mid Cap ETF by 5.8% during the second quarter. JPMorgan Chase & Co. now owns 231,266 shares of the company’s stock valued at $7,959,000 after purchasing an additional 12,728 shares in the last quarter. Main Street Financial Solutions LLC bought a new stake in shares of Fidelity Enhanced Mid Cap ETF in the 2nd quarter valued at approximately $205,000. Finally, Betterment LLC bought a new stake in shares of Fidelity Enhanced Mid Cap ETF in the 2nd quarter valued at approximately $387,000.

Fidelity Enhanced Mid Cap ETF Stock Performance

Shares of FMDE opened at $42.13 on Monday. Fidelity Enhanced Mid Cap ETF has a 1 year low of $34.33 and a 1 year high of $42.97. The stock has a 50 day simple moving average of $41.42 and a 200-day simple moving average of $39.27. The stock has a market cap of $7.97 billion, a PE ratio of 20.20 and a beta of 0.91.

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.