Walled Lake Planning & Wealth Management LLC Invests $15.32 Million in Fidelity Enhanced Mid Cap ETF $FMDE

Walled Lake Planning & Wealth Management LLC bought a new stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 426,130 shares of the company’s stock, valued at approximately $15,324,000. Fidelity Enhanced Mid Cap ETF accounts for about 4.5% of Walled Lake Planning & Wealth Management LLC’s investment portfolio, making the stock its 6th largest position. Walled Lake Planning & Wealth Management LLC owned about 0.25% of Fidelity Enhanced Mid Cap ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in FMDE. Anchor Investment Management LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF in the 4th quarter worth approximately $30,000. Quattro Advisors LLC acquired a new position in Fidelity Enhanced Mid Cap ETF in the 4th quarter worth about $43,000. Root Financial Partners LLC purchased a new position in Fidelity Enhanced Mid Cap ETF during the first quarter worth approximately $54,000. Advisory Services Network LLC purchased a new position in Fidelity Enhanced Mid Cap ETF during the third quarter worth approximately $75,000. Finally, Geneos Wealth Management Inc. grew its holdings in Fidelity Enhanced Mid Cap ETF by 15.6% in the second quarter. Geneos Wealth Management Inc. now owns 2,450 shares of the company’s stock valued at $84,000 after purchasing an additional 331 shares during the period.

Fidelity Enhanced Mid Cap ETF Stock Up 0.1%

Shares of Fidelity Enhanced Mid Cap ETF stock traded up $0.04 on Friday, reaching $40.58. The company’s stock had a trading volume of 687,830 shares, compared to its average volume of 948,409. The company has a market capitalization of $7.57 billion, a P/E ratio of 20.20 and a beta of 0.91. The stock has a 50-day moving average price of $39.64 and a 200-day moving average price of $38.01. Fidelity Enhanced Mid Cap ETF has a 52-week low of $33.92 and a 52-week high of $40.86.

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.