Motco Takes Position in Fidelity Enhanced Mid Cap ETF $FMDE

Motco acquired a new stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 65,572 shares of the company’s stock, valued at approximately $2,283,000. Motco owned 0.08% of Fidelity Enhanced Mid Cap ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its holdings in Fidelity Enhanced Mid Cap ETF by 12,968.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,544,393 shares of the company’s stock valued at $79,741,000 after acquiring an additional 2,524,924 shares during the last quarter. Capital Analysts LLC boosted its holdings in Fidelity Enhanced Mid Cap ETF by 225,034.8% in the first quarter. Capital Analysts LLC now owns 1,886,630 shares of the company’s stock valued at $59,127,000 after acquiring an additional 1,885,792 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in Fidelity Enhanced Mid Cap ETF by 1,785.0% in the first quarter. Kestra Advisory Services LLC now owns 991,930 shares of the company’s stock valued at $31,087,000 after acquiring an additional 939,308 shares during the last quarter. LPL Financial LLC boosted its holdings in Fidelity Enhanced Mid Cap ETF by 148.2% in the first quarter. LPL Financial LLC now owns 1,082,328 shares of the company’s stock valued at $33,920,000 after acquiring an additional 646,332 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Fidelity Enhanced Mid Cap ETF by 128.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,116,036 shares of the company’s stock valued at $34,977,000 after acquiring an additional 626,670 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Stock Performance

Fidelity Enhanced Mid Cap ETF stock opened at $36.02 on Wednesday. The stock has a market capitalization of $3.99 billion, a price-to-earnings ratio of 20.20 and a beta of 1.13. Fidelity Enhanced Mid Cap ETF has a 52-week low of $26.93 and a 52-week high of $36.60. The stock’s 50 day moving average price is $35.94 and its two-hundred day moving average price is $34.31.

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.