Noble Wealth Management PBC Sells 75,684 Shares of Fidelity Enhanced Mid Cap ETF $FMDE

Noble Wealth Management PBC lowered its holdings in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 65.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,724 shares of the company’s stock after selling 75,684 shares during the period. Noble Wealth Management PBC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $1,653,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. NewEdge Advisors LLC grew its holdings in shares of Fidelity Enhanced Mid Cap ETF by 33.2% during the first quarter. NewEdge Advisors LLC now owns 85,205 shares of the company’s stock worth $3,064,000 after purchasing an additional 21,246 shares in the last quarter. Serenity Investment Advisors purchased a new stake in Fidelity Enhanced Mid Cap ETF in the first quarter valued at approximately $11,211,000. Summit Financial Wealth Advisors LLC lifted its position in Fidelity Enhanced Mid Cap ETF by 2.3% during the first quarter. Summit Financial Wealth Advisors LLC now owns 551,758 shares of the company’s stock valued at $19,841,000 after purchasing an additional 12,261 shares during the last quarter. Cornerstone Wealth LLC TN bought a new stake in Fidelity Enhanced Mid Cap ETF during the first quarter valued at approximately $2,890,000. Finally, Bank of America Corp DE lifted its position in Fidelity Enhanced Mid Cap ETF by 28.9% during the first quarter. Bank of America Corp DE now owns 631,531 shares of the company’s stock valued at $22,710,000 after purchasing an additional 141,475 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Price Performance

FMDE stock opened at $41.52 on Tuesday. The firm has a 50 day simple moving average of $40.27 and a two-hundred day simple moving average of $38.44. The stock has a market cap of $7.84 billion, a PE ratio of 20.20 and a beta of 0.91. Fidelity Enhanced Mid Cap ETF has a one year low of $34.33 and a one year high of $41.54.

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.