Mayfair Advisory Group LLC Takes Position in Fidelity Enhanced Mid Cap ETF $FMDE

Mayfair Advisory Group LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 88,119 shares of the company’s stock, valued at approximately $3,056,000. Fidelity Enhanced Mid Cap ETF comprises approximately 1.5% of Mayfair Advisory Group LLC’s investment portfolio, making the stock its 14th largest holding. Mayfair Advisory Group LLC owned approximately 0.10% of Fidelity Enhanced Mid Cap ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in FMDE. Elevation Point Wealth Partners LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF during the 2nd quarter worth about $548,000. Armor Investment Advisors LLC purchased a new position in Fidelity Enhanced Mid Cap ETF during the second quarter valued at approximately $735,000. Steward Partners Investment Advisory LLC lifted its holdings in Fidelity Enhanced Mid Cap ETF by 10.1% in the second quarter. Steward Partners Investment Advisory LLC now owns 38,800 shares of the company’s stock valued at $1,335,000 after acquiring an additional 3,554 shares during the period. CreativeOne Wealth LLC boosted its position in Fidelity Enhanced Mid Cap ETF by 2.5% in the 2nd quarter. CreativeOne Wealth LLC now owns 11,734 shares of the company’s stock worth $404,000 after purchasing an additional 289 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new stake in shares of Fidelity Enhanced Mid Cap ETF during the 2nd quarter worth approximately $319,000.

Fidelity Enhanced Mid Cap ETF Price Performance

FMDE opened at $36.13 on Thursday. The stock has a market cap of $4.10 billion, a P/E ratio of 20.20 and a beta of 1.13. The firm has a fifty day moving average price of $35.77 and a 200 day moving average price of $34.99. Fidelity Enhanced Mid Cap ETF has a 1 year low of $26.93 and a 1 year high of $36.60.

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.