First Heartland Consultants Inc. Trims Stock Position in Fidelity Enhanced Mid Cap ETF $FMDE

First Heartland Consultants Inc. trimmed its position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 64.7% during the 3rd quarter, Holdings Channel reports. The fund owned 153,547 shares of the company’s stock after selling 281,812 shares during the period. First Heartland Consultants Inc.’s holdings in Fidelity Enhanced Mid Cap ETF were worth $6,200,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Anchor Investment Management LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF in the fourth quarter valued at $30,000. Cornerstone Planning Group LLC raised its stake in Fidelity Enhanced Mid Cap ETF by 70.1% during the first quarter. Cornerstone Planning Group LLC now owns 1,102 shares of the company’s stock valued at $43,000 after purchasing an additional 454 shares in the last quarter. Root Financial Partners LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF during the first quarter valued at $54,000. Mayflower Financial Advisors LLC bought a new position in Fidelity Enhanced Mid Cap ETF during the first quarter valued at $224,000. Finally, Harbor Investment Advisory LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF in the 1st quarter worth $227,000.

Fidelity Enhanced Mid Cap ETF Stock Up 0.5%

Shares of NYSEARCA:FMDE opened at $41.13 on Friday. The firm has a fifty day simple moving average of $41.65 and a two-hundred day simple moving average of $39.96. Fidelity Enhanced Mid Cap ETF has a 52 week low of $34.33 and a 52 week high of $42.97. The stock has a market capitalization of $8.27 billion, a P/E ratio of 20.20 and a beta of 0.93.

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.