Verdence Capital Advisors LLC bought a new stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE – Free Report) in the 3rd quarter, Holdings Channel.com reports. The firm bought 132,882 shares of the company’s stock, valued at approximately $5,366,000.
Other large investors also recently added to or reduced their stakes in the company. Pension & Wealth Management Advisors Inc. raised its position in Fidelity Enhanced Mid Cap ETF by 33.8% in the third quarter. Pension & Wealth Management Advisors Inc. now owns 1,101 shares of the company’s stock worth $44,000 after acquiring an additional 278 shares during the period. Cornerstone Planning Group LLC grew its position in shares of Fidelity Enhanced Mid Cap ETF by 70.1% during the 1st quarter. Cornerstone Planning Group LLC now owns 1,102 shares of the company’s stock valued at $43,000 after acquiring an additional 454 shares during the period. Root Financial Partners LLC bought a new stake in shares of Fidelity Enhanced Mid Cap ETF during the 1st quarter valued at $54,000. Processus Wealth & Capital Management LLC bought a new stake in shares of Fidelity Enhanced Mid Cap ETF during the 3rd quarter valued at $204,000. Finally, National Wealth Management Group LLC purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF in the 3rd quarter worth $210,000.
Fidelity Enhanced Mid Cap ETF Price Performance
NYSEARCA:FMDE opened at $41.69 on Tuesday. Fidelity Enhanced Mid Cap ETF has a one year low of $34.33 and a one year high of $42.97. The business has a fifty day moving average price of $41.46 and a 200-day moving average price of $39.34. The firm has a market capitalization of $8.53 billion, a price-to-earnings ratio of 20.20 and a beta of 0.93.
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.
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