Stone House Investment Management LLC Invests $294,000 in Fidelity Enhanced Mid Cap ETF $FMDE

Stone House Investment Management LLC bought a new stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) during the second quarter, Holdings Channel reports. The firm bought 8,540 shares of the company’s stock, valued at approximately $294,000.

A number of other institutional investors have also made changes to their positions in FMDE. Goldman Sachs Group Inc. lifted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 12,968.9% during the first quarter. Goldman Sachs Group Inc. now owns 2,544,393 shares of the company’s stock worth $79,741,000 after buying an additional 2,524,924 shares during the last quarter. Capital Analysts LLC lifted its position in shares of Fidelity Enhanced Mid Cap ETF by 225,034.8% in the 1st quarter. Capital Analysts LLC now owns 1,886,630 shares of the company’s stock worth $59,127,000 after acquiring an additional 1,885,792 shares during the period. Kestra Advisory Services LLC grew its holdings in shares of Fidelity Enhanced Mid Cap ETF by 1,785.0% during the 1st quarter. Kestra Advisory Services LLC now owns 991,930 shares of the company’s stock worth $31,087,000 after purchasing an additional 939,308 shares in the last quarter. LPL Financial LLC raised its stake in shares of Fidelity Enhanced Mid Cap ETF by 148.2% in the first quarter. LPL Financial LLC now owns 1,082,328 shares of the company’s stock valued at $33,920,000 after purchasing an additional 646,332 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Fidelity Enhanced Mid Cap ETF by 128.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,116,036 shares of the company’s stock worth $34,977,000 after purchasing an additional 626,670 shares during the period.

Fidelity Enhanced Mid Cap ETF Price Performance

Shares of Fidelity Enhanced Mid Cap ETF stock opened at $35.66 on Thursday. Fidelity Enhanced Mid Cap ETF has a 52-week low of $26.93 and a 52-week high of $36.60. The firm has a market capitalization of $4.05 billion, a PE ratio of 20.20 and a beta of 1.13. The company’s fifty day moving average price is $35.94 and its two-hundred day moving average price is $34.56.

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.