Investment Advisory Services Inc. TX ADV Boosts Stock Holdings in Fidelity Enhanced Mid Cap ETF $FMDE

Investment Advisory Services Inc. TX ADV grew its holdings in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 70.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 74,407 shares of the company’s stock after purchasing an additional 30,786 shares during the period. Investment Advisory Services Inc. TX ADV’s holdings in Fidelity Enhanced Mid Cap ETF were worth $2,676,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in Fidelity Enhanced Mid Cap ETF by 170.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 18,829,902 shares of the company’s stock worth $685,032,000 after buying an additional 11,869,760 shares during the period. Goldman Sachs Group Inc. raised its holdings in Fidelity Enhanced Mid Cap ETF by 12,968.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,544,393 shares of the company’s stock valued at $79,741,000 after acquiring an additional 2,524,924 shares during the period. Thrivent Financial for Lutherans bought a new stake in Fidelity Enhanced Mid Cap ETF during the 4th quarter valued at $84,551,000. Ameriprise Financial Inc. lifted its position in shares of Fidelity Enhanced Mid Cap ETF by 8,528.5% during the third quarter. Ameriprise Financial Inc. now owns 2,022,442 shares of the company’s stock worth $73,118,000 after acquiring an additional 1,999,003 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in shares of Fidelity Enhanced Mid Cap ETF by 90.2% during the fourth quarter. Wells Fargo & Company MN now owns 3,432,732 shares of the company’s stock worth $124,883,000 after acquiring an additional 1,627,937 shares in the last quarter.

Fidelity Enhanced Mid Cap ETF Price Performance

Fidelity Enhanced Mid Cap ETF stock opened at $39.91 on Wednesday. Fidelity Enhanced Mid Cap ETF has a one year low of $33.70 and a one year high of $40.84. The business has a fifty day moving average price of $39.04 and a 200-day moving average price of $37.66. The firm has a market capitalization of $6.73 billion, a P/E ratio of 20.20 and a beta of 0.94.

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.