IAG Wealth Partners LLC Has $4.42 Million Stake in Fidelity Enhanced Mid Cap ETF $FMDE

IAG Wealth Partners LLC increased its position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 13.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 122,857 shares of the company’s stock after buying an additional 14,177 shares during the period. IAG Wealth Partners LLC owned 0.07% of Fidelity Enhanced Mid Cap ETF worth $4,418,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Anchor Investment Management LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the 4th quarter worth about $30,000. Quattro Advisors LLC bought a new stake in shares of Fidelity Enhanced Mid Cap ETF during the 4th quarter valued at about $43,000. Root Financial Partners LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF during the first quarter worth approximately $54,000. Advisory Services Network LLC bought a new stake in Fidelity Enhanced Mid Cap ETF in the third quarter worth approximately $75,000. Finally, Geneos Wealth Management Inc. lifted its stake in 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 valued at $84,000 after buying an additional 331 shares during the period.

Fidelity Enhanced Mid Cap ETF Stock Down 0.7%

Shares of FMDE stock opened at $40.11 on Thursday. Fidelity Enhanced Mid Cap ETF has a 52 week low of $33.92 and a 52 week high of $40.86. The firm has a 50 day moving average of $39.53 and a 200-day moving average of $37.96. The company has a market cap of $7.48 billion, a price-to-earnings ratio of 20.20 and a beta of 0.91.

Fidelity Enhanced Mid Cap ETF 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.