37,738 Shares in Fidelity Enhanced Mid Cap ETF $FMDE Purchased by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC bought a new stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) during the third quarter, HoldingsChannel.com reports. The fund bought 37,738 shares of the company’s stock, valued at approximately $1,364,000.

Other institutional investors have also recently bought and sold shares of the company. CWM LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF during the 2nd quarter worth approximately $31,000. Holos Integrated Wealth LLC acquired a new position in Fidelity Enhanced Mid Cap ETF during the second quarter worth $42,000. Atlantic Union Bankshares Corp bought a new position in Fidelity Enhanced Mid Cap ETF in the second quarter valued at $44,000. Geneos Wealth Management Inc. grew its position 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 in the last quarter. Finally, SouthState Corp acquired a new stake in Fidelity Enhanced Mid Cap ETF in the 2nd quarter valued at $98,000.

Fidelity Enhanced Mid Cap ETF Price Performance

Shares of NYSEARCA:FMDE opened at $36.83 on Tuesday. The company’s 50-day moving average price is $35.92 and its two-hundred day moving average price is $35.41. Fidelity Enhanced Mid Cap ETF has a one year low of $26.93 and a one year high of $37.20. The stock has a market capitalization of $4.18 billion, a PE ratio of 20.20 and a beta of 1.13.

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.