Fidelity Enhanced Mid Cap ETF $FMDE Stock Position Raised by Mayfair Advisory Group LLC

Mayfair Advisory Group LLC raised its stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 68.1% in the third quarter, HoldingsChannel.com reports. The fund owned 148,132 shares of the company’s stock after purchasing an additional 60,013 shares during the quarter. Fidelity Enhanced Mid Cap ETF comprises approximately 2.3% of Mayfair Advisory Group LLC’s portfolio, making the stock its 10th biggest position. Mayfair Advisory Group LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $5,355,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWM LLC acquired a new stake in shares of Fidelity Enhanced Mid Cap ETF during the second quarter worth $31,000. Holos Integrated Wealth LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF during the 2nd quarter worth approximately $42,000. Atlantic Union Bankshares Corp acquired a new position in Fidelity Enhanced Mid Cap ETF during the second quarter valued at approximately $44,000. Farther Finance Advisors LLC grew its stake in Fidelity Enhanced Mid Cap ETF by 4,160.9% during the third quarter. Farther Finance Advisors LLC now owns 1,960 shares of the company’s stock worth $71,000 after buying an additional 1,914 shares during the period. Finally, Geneos Wealth Management Inc. increased its position in shares of Fidelity Enhanced Mid Cap ETF by 15.6% in the second 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.

Fidelity Enhanced Mid Cap ETF Price Performance

Shares of NYSEARCA FMDE opened at $36.38 on Friday. Fidelity Enhanced Mid Cap ETF has a 1-year low of $26.93 and a 1-year high of $37.20. The company has a market capitalization of $4.13 billion, a price-to-earnings ratio of 20.20 and a beta of 1.13. The business has a 50-day moving average of $36.08 and a 200-day moving average of $35.55.

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.