747,907 Shares in Fidelity Enhanced Mid Cap ETF $FMDE Acquired by Lifelong Wealth Advisors Inc.

Lifelong Wealth Advisors Inc. purchased a new stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 747,907 shares of the company’s stock, valued at approximately $27,209,000. Fidelity Enhanced Mid Cap ETF makes up approximately 7.2% of Lifelong Wealth Advisors Inc.’s investment portfolio, making the stock its 4th biggest holding. Lifelong Wealth Advisors Inc. owned about 0.59% of Fidelity Enhanced Mid Cap ETF as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in FMDE. AE Wealth Management LLC lifted its position in shares of Fidelity Enhanced Mid Cap ETF by 632.9% during the 3rd quarter. AE Wealth Management LLC now owns 1,026 shares of the company’s stock worth $37,000 after buying an additional 886 shares during the last quarter. Holos Integrated Wealth LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF in the 2nd quarter valued at $42,000. Clear Investment Research LLC raised its stake in Fidelity Enhanced Mid Cap ETF by 209.6% during the 3rd quarter. Clear Investment Research LLC now owns 1,288 shares of the company’s stock worth $47,000 after acquiring an additional 872 shares in the last quarter. Farther Finance Advisors LLC raised its stake in Fidelity Enhanced Mid Cap ETF by 4,160.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,960 shares of the company’s stock worth $71,000 after acquiring an additional 1,914 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF in the third quarter valued at $75,000.

Fidelity Enhanced Mid Cap ETF Price Performance

NYSEARCA FMDE opened at $36.03 on Wednesday. The company has a fifty day moving average of $37.13 and a two-hundred day moving average of $36.50. The company has a market capitalization of $4.94 billion, a PE ratio of 20.20 and a beta of 1.13. Fidelity Enhanced Mid Cap ETF has a 1 year low of $26.93 and a 1 year high of $38.26.

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.