Park Avenue Securities LLC Makes New $1.04 Million Investment in Fidelity Enhanced Mid Cap ETF $FMDE

Park Avenue Securities LLC acquired 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 & Exchange Commission. The firm acquired 28,646 shares of the company’s stock, valued at approximately $1,036,000.

A number of other hedge funds also recently made changes to their positions in the stock. Goldman Sachs Group Inc. raised its stake 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 worth $79,741,000 after acquiring an additional 2,524,924 shares during the period. Huntington National Bank increased its stake in shares of Fidelity Enhanced Mid Cap ETF by 3.6% in the second quarter. Huntington National Bank now owns 2,409,183 shares of the company’s stock worth $82,911,000 after purchasing an additional 84,549 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Fidelity Enhanced Mid Cap ETF by 107.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,312,210 shares of the company’s stock valued at $79,574,000 after purchasing an additional 1,196,174 shares during the period. Osaic Holdings Inc. lifted its stake in shares of Fidelity Enhanced Mid Cap ETF by 9.1% during the 2nd quarter. Osaic Holdings Inc. now owns 1,680,001 shares of the company’s stock valued at $57,825,000 after buying an additional 139,859 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Fidelity Enhanced Mid Cap ETF by 10.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,396,195 shares of the company’s stock valued at $50,472,000 after buying an additional 128,527 shares in the last quarter.

Fidelity Enhanced Mid Cap ETF Stock Performance

Shares of Fidelity Enhanced Mid Cap ETF stock opened at $37.56 on Wednesday. Fidelity Enhanced Mid Cap ETF has a fifty-two week low of $26.93 and a fifty-two week high of $37.72. The company has a market capitalization of $4.79 billion, a P/E ratio of 20.20 and a beta of 1.13. The company has a fifty day moving average of $36.31 and a 200 day moving average of $35.78.

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.