Veridan Wealth LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,140 shares of the company’s stock, valued at approximately $210,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in FMDE. Proficio Capital Partners LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF during the 4th quarter worth $141,133,000. FMR LLC lifted its stake in shares of Fidelity Enhanced Mid Cap ETF by 51.7% during the 3rd quarter. FMR LLC now owns 6,556,111 shares of the company’s stock worth $210,845,000 after purchasing an additional 2,232,966 shares during the last quarter. Redhawk Wealth Advisors Inc. purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF during the 4th quarter worth $13,331,000. JPMorgan Chase & Co. lifted its stake in shares of Fidelity Enhanced Mid Cap ETF by 20,732.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 209,570 shares of the company’s stock worth $6,740,000 after purchasing an additional 208,564 shares during the last quarter. Finally, KFG Wealth Management LLC lifted its stake in shares of Fidelity Enhanced Mid Cap ETF by 29.1% during the 4th quarter. KFG Wealth Management LLC now owns 423,550 shares of the company’s stock worth $13,914,000 after purchasing an additional 95,568 shares during the last quarter.
Fidelity Enhanced Mid Cap ETF Price Performance
Shares of NYSEARCA FMDE opened at $32.85 on Friday. The stock has a market capitalization of $1.87 billion, a P/E ratio of 19.53 and a beta of 0.93. Fidelity Enhanced Mid Cap ETF has a 1-year low of $28.21 and a 1-year high of $35.44. The business has a fifty day moving average price of $33.75 and a 200 day moving average price of $33.00.
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.
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