Bank of New York Mellon Corp Grows Stock Position in Fidelity Enhanced Mid Cap ETF $FMDE

Bank of New York Mellon Corp grew its stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 27.5% in the first quarter, HoldingsChannel reports. The fund owned 312,508 shares of the company’s stock after buying an additional 67,438 shares during the quarter. Bank of New York Mellon Corp’s holdings in Fidelity Enhanced Mid Cap ETF were worth $11,238,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its position in Fidelity Enhanced Mid Cap ETF by 170.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 18,829,902 shares of the company’s stock worth $685,032,000 after purchasing an additional 11,869,760 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 28.3% in the 4th quarter. LPL Financial LLC now owns 4,947,566 shares of the company’s stock valued at $179,992,000 after purchasing an additional 1,090,826 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 90.2% in the 4th quarter. Wells Fargo & Company MN now owns 3,432,732 shares of the company’s stock valued at $124,883,000 after purchasing an additional 1,627,937 shares during the last quarter. Huntington National Bank grew its stake in shares of Fidelity Enhanced Mid Cap ETF by 6.4% during the 4th quarter. Huntington National Bank now owns 2,878,740 shares of the company’s stock valued at $104,729,000 after buying an additional 173,185 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in shares of 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 valued at $79,741,000 after buying an additional 2,524,924 shares during the period.

Fidelity Enhanced Mid Cap ETF Stock Up 0.1%

FMDE stock opened at $41.11 on Friday. The company has a market cap of $7.77 billion, a price-to-earnings ratio of 20.20 and a beta of 0.91. The business has a fifty day simple moving average of $40.22 and a 200-day simple moving average of $38.40. Fidelity Enhanced Mid Cap ETF has a 52 week low of $34.06 and a 52 week high of $41.49.

About Fidelity Enhanced Mid Cap ETF

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.