Fidelity Enhanced Mid Cap ETF $FMDE Shares Purchased by Royal Bank of Canada

Royal Bank of Canada boosted its stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 98.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,064,458 shares of the company’s stock after buying an additional 528,497 shares during the period. Royal Bank of Canada’s holdings in Fidelity Enhanced Mid Cap ETF were worth $38,279,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of FMDE. Anchor Investment Management LLC acquired a new stake in shares of Fidelity Enhanced Mid Cap ETF during the fourth quarter valued at about $30,000. Cornerstone Planning Group LLC lifted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 70.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 1,102 shares of the company’s stock worth $43,000 after acquiring an additional 454 shares during the last quarter. Quattro Advisors LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF during the 4th quarter worth approximately $43,000. Root Financial Partners LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF during the 1st quarter worth approximately $54,000. Finally, Advisory Services Network LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF in the 3rd quarter valued at approximately $75,000.

Fidelity Enhanced Mid Cap ETF Stock Up 1.0%

Shares of NYSEARCA FMDE opened at $41.52 on Tuesday. The firm has a market cap of $7.84 billion, a price-to-earnings ratio of 20.20 and a beta of 0.91. Fidelity Enhanced Mid Cap ETF has a 52-week low of $34.33 and a 52-week high of $41.54. The business’s 50 day moving average is $40.27 and its two-hundred day moving average is $38.44.

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.