Fidelity Enhanced Mid Cap ETF $FMDE Stock: Parkside Investments LLC Decreases Stake

Parkside Investments LLC decreased its stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 3.7% during the third quarter, HoldingsChannel.com reports. The fund owned 321,516 shares of the company’s stock after selling 12,415 shares during the period. Fidelity Enhanced Mid Cap ETF makes up 1.5% of Parkside Investments LLC’s holdings, making the stock its 16th largest position. Parkside Investments LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $12,983,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in FMDE. Citadel Advisors LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF in the 2nd quarter worth approximately $118,748,000. Envestnet Asset Management Inc. grew its holdings in Fidelity Enhanced Mid Cap ETF by 9.5% during the second quarter. Envestnet Asset Management Inc. now owns 1,983,161 shares of the company’s stock valued at $80,477,000 after purchasing an additional 171,715 shares during the last quarter. Capital Analysts LLC grew its holdings in Fidelity Enhanced Mid Cap ETF by 1.3% during the second quarter. Capital Analysts LLC now owns 1,862,959 shares of the company’s stock valued at $75,598,000 after purchasing an additional 23,483 shares during the last quarter. Cetera Investment Advisers raised its position in shares of Fidelity Enhanced Mid Cap ETF by 24.3% in the first quarter. Cetera Investment Advisers now owns 2,043,214 shares of the company’s stock valued at $73,474,000 after purchasing an additional 398,833 shares during the period. Finally, Kestra Advisory Services LLC raised its position in shares of Fidelity Enhanced Mid Cap ETF by 24.7% in the first quarter. Kestra Advisory Services LLC now owns 1,901,836 shares of the company’s stock valued at $68,390,000 after purchasing an additional 376,601 shares during the period.

Fidelity Enhanced Mid Cap ETF Trading Up 1.1%

Shares of Fidelity Enhanced Mid Cap ETF stock opened at $41.51 on Wednesday. The firm has a fifty day simple moving average of $41.55 and a 200-day simple moving average of $40.26. 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 market capitalization of $8.44 billion, a price-to-earnings ratio of 20.20 and a beta of 0.93.

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.