32,414 Fidelity Enhanced Mid Cap ETF $FMDE Shares Acquired by Summit Financial Wealth Advisors LLC

Summit Financial Wealth Advisors LLC boosted its holdings in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 5.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 611,650 shares of the company’s stock after purchasing an additional 32,414 shares during the quarter. Fidelity Enhanced Mid Cap ETF makes up 3.1% of Summit Financial Wealth Advisors LLC’s portfolio, making the stock its 7th biggest holding. Summit Financial Wealth Advisors LLC owned approximately 0.30% of Fidelity Enhanced Mid Cap ETF worth $24,698,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. B. Riley Wealth Advisors Inc. purchased a new position in shares of Fidelity Enhanced Mid Cap ETF during the 3rd quarter worth about $510,000. Farther Finance Advisors LLC raised its position in shares of Fidelity Enhanced Mid Cap ETF by 1.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 65,239 shares of the company’s stock worth $2,634,000 after buying an additional 978 shares during the period. Titleist Asset Management LLC acquired a new position in Fidelity Enhanced Mid Cap ETF in the third quarter valued at $510,000. Cassilly Financial Group LLC boosted its holdings in Fidelity Enhanced Mid Cap ETF by 4.0% in the third quarter. Cassilly Financial Group LLC now owns 65,165 shares of the company’s stock valued at $2,631,000 after acquiring an additional 2,480 shares during the last quarter. Finally, Worth Asset Management LLC grew its position in Fidelity Enhanced Mid Cap ETF by 51.4% during the third quarter. Worth Asset Management LLC now owns 55,284 shares of the company’s stock valued at $2,232,000 after acquiring an additional 18,776 shares during the period.

Fidelity Enhanced Mid Cap ETF Trading Up 0.6%

NYSEARCA:FMDE traded up $0.27 on Thursday, hitting $41.24. 466,784 shares of the stock were exchanged, compared to its average volume of 934,089. The stock has a market cap of $8.31 billion, a PE ratio of 20.20 and a beta of 0.93. The stock has a fifty day moving average of $41.62 and a 200-day moving average of $40.11. Fidelity Enhanced Mid Cap ETF has a fifty-two week low of $34.33 and a fifty-two week high of $42.97.

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.