Uptick Partners LLC Grows Stock Holdings in Fidelity Enhanced Mid Cap ETF $FMDE

Uptick Partners LLC increased its position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 40.2% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 63,333 shares of the company’s stock after buying an additional 18,169 shares during the quarter. Uptick Partners LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $2,277,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Park Avenue Securities LLC lifted its position in shares of Fidelity Enhanced Mid Cap ETF by 232.3% in the fourth quarter. Park Avenue Securities LLC now owns 95,201 shares of the company’s stock valued at $3,463,000 after acquiring an additional 66,555 shares in the last quarter. Savvy Advisors Inc. boosted its stake in shares of Fidelity Enhanced Mid Cap ETF by 113.7% in the fourth quarter. Savvy Advisors Inc. now owns 41,775 shares of the company’s stock worth $1,520,000 after acquiring an additional 22,222 shares during the period. Cassilly Financial Group LLC purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF during the fourth quarter worth about $2,141,000. JPMorgan Chase & Co. grew its position in shares of Fidelity Enhanced Mid Cap ETF by 10.3% during the third quarter. JPMorgan Chase & Co. now owns 255,162 shares of the company’s stock worth $9,224,000 after purchasing an additional 23,896 shares in the last quarter. Finally, Investment Advisory Services Inc. TX ADV grew its position in shares of Fidelity Enhanced Mid Cap ETF by 70.6% during the first quarter. Investment Advisory Services Inc. TX ADV now owns 74,407 shares of the company’s stock worth $2,676,000 after purchasing an additional 30,786 shares in the last quarter.

Fidelity Enhanced Mid Cap ETF Stock Performance

Shares of FMDE opened at $40.58 on Monday. The business’s 50 day moving average is $39.64 and its 200 day moving average is $38.02. The company has a market capitalization of $7.50 billion, a PE ratio of 20.20 and a beta of 0.91. Fidelity Enhanced Mid Cap ETF has a 12-month low of $33.92 and a 12-month 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.