Richard P Slaughter Associates Inc Raises Stock Position in Fidelity Enhanced Mid Cap ETF $FMDE

Richard P Slaughter Associates Inc boosted its stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 4.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,126,815 shares of the company’s stock after purchasing an additional 44,582 shares during the period. Fidelity Enhanced Mid Cap ETF comprises approximately 8.6% of Richard P Slaughter Associates Inc’s investment portfolio, making the stock its 3rd biggest position. Richard P Slaughter Associates Inc owned approximately 0.88% of Fidelity Enhanced Mid Cap ETF worth $40,994,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Lifelong Wealth Advisors Inc. acquired a new position in Fidelity Enhanced Mid Cap ETF during the 4th quarter worth about $27,209,000. Certified Advisory Corp increased its stake in shares of Fidelity Enhanced Mid Cap ETF by 3.9% in the fourth quarter. Certified Advisory Corp now owns 39,927 shares of the company’s stock valued at $1,453,000 after buying an additional 1,496 shares during the period. First Heartland Consultants Inc. raised its position in shares of Fidelity Enhanced Mid Cap ETF by 7.3% during the fourth quarter. First Heartland Consultants Inc. now owns 176,088 shares of the company’s stock worth $6,406,000 after acquiring an additional 11,913 shares during the last quarter. Fulton Bank N.A. bought a new position in shares of Fidelity Enhanced Mid Cap ETF during the fourth quarter worth about $236,000. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of Fidelity Enhanced Mid Cap ETF by 1,069.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 164,491 shares of the company’s stock worth $6,178,000 after acquiring an additional 150,428 shares during the period.

Fidelity Enhanced Mid Cap ETF Price Performance

Shares of FMDE stock opened at $36.23 on Thursday. The business’s 50 day simple moving average is $37.11 and its 200 day simple moving average is $36.50. Fidelity Enhanced Mid Cap ETF has a one year low of $26.93 and a one year high of $38.26. The stock has a market capitalization of $4.97 billion, a PE ratio of 20.20 and a beta of 1.13.

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.