Staley Capital Advisers Inc. Has $11.14 Million Stock Position in Fidelity Enhanced Mid Cap ETF $FMDE

Staley Capital Advisers Inc. boosted its stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 44.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 309,865 shares of the company’s stock after acquiring an additional 95,025 shares during the quarter. Staley Capital Advisers Inc. owned approximately 0.18% of Fidelity Enhanced Mid Cap ETF worth $11,143,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in FMDE. Northwestern Mutual Wealth Management Co. lifted its position in shares of 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 in the last quarter. LPL Financial LLC increased its holdings in shares of Fidelity Enhanced Mid Cap ETF by 28.3% in the fourth 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 in the last quarter. Wells Fargo & Company MN increased its holdings in shares of Fidelity Enhanced Mid Cap ETF by 90.2% in the fourth 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 in the last quarter. Huntington National Bank raised its position in Fidelity Enhanced Mid Cap ETF by 6.4% in the 4th quarter. Huntington National Bank now owns 2,878,740 shares of the company’s stock worth $104,729,000 after purchasing an additional 173,185 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Fidelity Enhanced Mid Cap ETF by 12,968.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,544,393 shares of the company’s stock worth $79,741,000 after purchasing an additional 2,524,924 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Stock Performance

NYSEARCA:FMDE opened at $40.11 on Thursday. The company has a market cap of $7.48 billion, a price-to-earnings ratio of 20.20 and a beta of 0.91. The stock’s fifty day moving average price is $39.53 and its two-hundred day moving average price is $37.96. Fidelity Enhanced Mid Cap ETF has a 52-week low of $33.92 and a 52-week high of $40.86.

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.