SFG Wealth Management LLC. purchased a new position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 21,219 shares of the company’s stock, valued at approximately $861,000.
Other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of Fidelity Enhanced Mid Cap ETF by 170.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 18,829,902 shares of the company’s stock worth $685,032,000 after acquiring an additional 11,869,760 shares during the last quarter. LPL Financial LLC grew its stake in Fidelity Enhanced Mid Cap ETF by 28.3% during the fourth quarter. LPL Financial LLC now owns 4,947,566 shares of the company’s stock valued at $179,992,000 after acquiring an additional 1,090,826 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Fidelity Enhanced Mid Cap ETF by 90.2% in the 4th quarter. Wells Fargo & Company MN now owns 3,432,732 shares of the company’s stock valued at $124,883,000 after acquiring an additional 1,627,937 shares during the last quarter. Huntington National Bank increased its holdings in Fidelity Enhanced Mid Cap ETF by 6.4% in the 4th quarter. Huntington National Bank now owns 2,878,740 shares of the company’s stock valued at $104,729,000 after acquiring an additional 173,185 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in Fidelity Enhanced Mid Cap ETF by 12,968.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,544,393 shares of the company’s stock worth $79,741,000 after purchasing an additional 2,524,924 shares in the last quarter.
Fidelity Enhanced Mid Cap ETF Stock Down 0.2%
FMDE opened at $42.13 on Friday. The firm has a 50-day simple moving average of $41.42 and a two-hundred day simple moving average of $39.26. Fidelity Enhanced Mid Cap ETF has a 52 week low of $34.33 and a 52 week high of $42.97. The company has a market capitalization of $7.97 billion, a PE ratio of 20.20 and a beta of 0.91.
Fidelity Enhanced Mid Cap ETF 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.
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