Fidelity Enhanced Mid Cap ETF $FMDE Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC grew its position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 109.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 144,425 shares of the company’s stock after buying an additional 75,579 shares during the period. HighTower Advisors LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $5,254,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. TD Private Client Wealth LLC raised its position in shares of Fidelity Enhanced Mid Cap ETF by 235.1% during the 4th quarter. TD Private Client Wealth LLC now owns 28,346 shares of the company’s stock valued at $1,031,000 after buying an additional 19,888 shares during the period. Staley Capital Advisers Inc. raised its position in shares of Fidelity Enhanced Mid Cap ETF by 16.8% during the 4th quarter. Staley Capital Advisers Inc. now owns 214,840 shares of the company’s stock valued at $7,816,000 after buying an additional 30,915 shares during the period. Stephens Inc. AR raised its position in shares of Fidelity Enhanced Mid Cap ETF by 83.5% during the 4th quarter. Stephens Inc. AR now owns 17,245 shares of the company’s stock valued at $627,000 after buying an additional 7,846 shares during the period. Sound Portfolio Advisors LLC purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF during the 4th quarter valued at approximately $4,445,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Fidelity Enhanced Mid Cap ETF by 170.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 18,829,902 shares of the company’s stock valued at $685,032,000 after buying an additional 11,869,760 shares during the period.

Fidelity Enhanced Mid Cap ETF Stock Performance

FMDE stock opened at $39.61 on Friday. The firm has a market cap of $6.68 billion, a PE ratio of 20.20 and a beta of 0.96. The firm’s 50 day moving average price is $37.72 and its 200-day moving average price is $37.13. Fidelity Enhanced Mid Cap ETF has a one year low of $32.83 and a one year high of $39.75.

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.