Fidelity Enhanced Mid Cap ETF $FMDE Shares Purchased by KFG Wealth Management LLC

KFG Wealth Management LLC raised its holdings in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 9.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 507,680 shares of the company’s stock after acquiring an additional 42,984 shares during the period. Fidelity Enhanced Mid Cap ETF comprises about 2.8% of KFG Wealth Management LLC’s investment portfolio, making the stock its 10th largest holding. KFG Wealth Management LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $17,472,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. boosted its position in shares of Fidelity Enhanced Mid Cap ETF by 12,968.9% during the first quarter. Goldman Sachs Group Inc. now owns 2,544,393 shares of the company’s stock worth $79,741,000 after buying an additional 2,524,924 shares during the period. Capital Analysts LLC boosted its position in shares of Fidelity Enhanced Mid Cap ETF by 225,034.8% during the first quarter. Capital Analysts LLC now owns 1,886,630 shares of the company’s stock worth $59,127,000 after buying an additional 1,885,792 shares during the period. Richard P Slaughter Associates Inc boosted its position in shares of Fidelity Enhanced Mid Cap ETF by 15.9% during the second quarter. Richard P Slaughter Associates Inc now owns 1,331,843 shares of the company’s stock worth $45,835,000 after buying an additional 182,558 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of Fidelity Enhanced Mid Cap ETF by 21.6% during the first quarter. Commonwealth Equity Services LLC now owns 1,120,684 shares of the company’s stock worth $35,122,000 after buying an additional 199,119 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Fidelity Enhanced Mid Cap ETF by 128.1% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,116,036 shares of the company’s stock worth $34,977,000 after buying an additional 626,670 shares during the period.

Fidelity Enhanced Mid Cap ETF Price Performance

FMDE stock opened at $36.25 on Monday. The stock has a market capitalization of $3.22 billion, a P/E ratio of 20.20 and a beta of 0.93. The business has a 50-day moving average of $35.39 and a 200-day moving average of $33.35. Fidelity Enhanced Mid Cap ETF has a fifty-two week low of $26.93 and a fifty-two week high of $36.60.

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.