Tenet Wealth Partners LLC Buys Shares of 20,394 Fidelity Enhanced Mid Cap ETF $FMDE

Tenet Wealth Partners LLC bought a new position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 20,394 shares of the company’s stock, valued at approximately $834,000.

A number of other hedge funds also recently made changes to their positions in the stock. Anchor Investment Management LLC acquired a new position in Fidelity Enhanced Mid Cap ETF during the 4th quarter worth approximately $30,000. Cornerstone Planning Group LLC grew its stake in shares of Fidelity Enhanced Mid Cap ETF by 70.1% during the first quarter. Cornerstone Planning Group LLC now owns 1,102 shares of the company’s stock worth $43,000 after buying an additional 454 shares during the last quarter. Quattro Advisors LLC bought a new stake in shares of Fidelity Enhanced Mid Cap ETF during the fourth quarter worth $43,000. Root Financial Partners LLC acquired a new position in shares of Fidelity Enhanced Mid Cap ETF during the first quarter worth $54,000. Finally, Advisory Services Network LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the 3rd quarter valued at $75,000.

Fidelity Enhanced Mid Cap ETF Stock Down 0.2%

NYSEARCA FMDE opened at $42.13 on Friday. The company has a market cap of $7.97 billion, a price-to-earnings ratio of 20.20 and a beta of 0.91. Fidelity Enhanced Mid Cap ETF has a twelve month low of $34.33 and a twelve month high of $42.97. The business’s fifty day moving average is $41.42 and its 200 day moving average is $39.26.

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.