Certified Advisory Corp Purchases Shares of 29,138 Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Certified Advisory Corp purchased a new stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 29,138 shares of the company’s stock, valued at approximately $795,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Investors Research Corp bought a new stake in shares of Fidelity Enhanced Mid Cap ETF in the fourth quarter valued at about $25,000. Allworth Financial LP acquired a new stake in shares of Fidelity Enhanced Mid Cap ETF in the fourth quarter valued at about $33,000. UMB Bank n.a. bought a new stake in Fidelity Enhanced Mid Cap ETF during the fourth quarter worth about $38,000. Financial Freedom LLC acquired a new position in Fidelity Enhanced Mid Cap ETF during the fourth quarter valued at approximately $40,000. Finally, Glass Jacobson Investment Advisors llc bought a new position in Fidelity Enhanced Mid Cap ETF in the fourth quarter valued at approximately $50,000.

Fidelity Enhanced Mid Cap ETF Stock Down 0.3 %

Shares of Fidelity Enhanced Mid Cap ETF stock traded down $0.09 on Wednesday, reaching $30.07. 24,556 shares of the company were exchanged, compared to its average volume of 126,041. The firm has a market cap of $1.71 billion, a P/E ratio of 19.53 and a beta of 0.93. Fidelity Enhanced Mid Cap ETF has a one year low of $24.82 and a one year high of $30.63. The firm’s 50-day moving average is $29.69.

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.