U.S. Capital Wealth Advisors LLC Takes Position in Fidelity Enhanced Mid Cap ETF $FMDE

U.S. Capital Wealth Advisors LLC bought a new position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 37,738 shares of the company’s stock, valued at approximately $1,364,000.

Several other institutional investors have also recently added to or reduced their stakes in FMDE. CreativeOne Wealth LLC boosted its position in Fidelity Enhanced Mid Cap ETF by 2.5% in the second quarter. CreativeOne Wealth LLC now owns 11,734 shares of the company’s stock valued at $404,000 after buying an additional 289 shares in the last quarter. D.A. Davidson & CO. raised its stake in shares of Fidelity Enhanced Mid Cap ETF by 0.4% in the second quarter. D.A. Davidson & CO. now owns 81,673 shares of the company’s stock valued at $2,811,000 after acquiring an additional 292 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 15.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 2,450 shares of the company’s stock worth $84,000 after acquiring an additional 331 shares in the last quarter. Fifth Third Securities Inc. boosted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 1.2% in the 2nd quarter. Fifth Third Securities Inc. now owns 40,750 shares of the company’s stock worth $1,402,000 after acquiring an additional 480 shares in the last quarter. Finally, OmniStar Financial Group Inc. grew its position in Fidelity Enhanced Mid Cap ETF by 1.6% during the 2nd quarter. OmniStar Financial Group Inc. now owns 40,684 shares of the company’s stock worth $1,400,000 after acquiring an additional 660 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Stock Performance

Shares of FMDE opened at $36.83 on Tuesday. The company has a market cap of $4.18 billion, a price-to-earnings ratio of 20.20 and a beta of 1.13. The stock has a fifty day moving average price of $35.92 and a two-hundred day moving average price of $35.41. Fidelity Enhanced Mid Cap ETF has a 52-week low of $26.93 and a 52-week high of $37.20.

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.