426,130 Shares in Fidelity Enhanced Mid Cap ETF $FMDE Purchased by Walled Lake Planning & Wealth Management LLC

Walled Lake Planning & Wealth Management LLC acquired a new position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 426,130 shares of the company’s stock, valued at approximately $15,324,000. Fidelity Enhanced Mid Cap ETF makes up 4.5% of Walled Lake Planning & Wealth Management LLC’s holdings, making the stock its 6th largest position.

A number of other hedge funds have also made changes to their positions in FMDE. Northwestern Mutual Wealth Management Co. lifted its position in shares of Fidelity Enhanced Mid Cap ETF by 170.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 18,829,902 shares of the company’s stock valued at $685,032,000 after acquiring an additional 11,869,760 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Fidelity Enhanced Mid Cap ETF by 12,968.9% in the 1st 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 during the last quarter. Thrivent Financial for Lutherans purchased a new position in Fidelity Enhanced Mid Cap ETF in the 4th quarter valued at $84,551,000. Ameriprise Financial Inc. lifted its holdings in Fidelity Enhanced Mid Cap ETF by 8,528.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,022,442 shares of the company’s stock valued at $73,118,000 after purchasing an additional 1,999,003 shares in the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of Fidelity Enhanced Mid Cap ETF by 90.2% in the fourth quarter. Wells Fargo & Company MN now owns 3,432,732 shares of the company’s stock valued at $124,883,000 after purchasing an additional 1,627,937 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Price Performance

Fidelity Enhanced Mid Cap ETF stock traded up $0.04 during trading on Friday, reaching $40.58. 687,830 shares of the company were exchanged, compared to its average volume of 948,409. The stock’s 50 day simple moving average is $39.64 and its two-hundred day simple moving average is $38.01. The company has a market capitalization of $7.57 billion, a P/E ratio of 20.20 and a beta of 0.91. Fidelity Enhanced Mid Cap ETF has a 52-week low of $33.92 and a 52-week high of $40.86.

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.