PNC Financial Services Group Inc. Grows Stake in Fidelity Enhanced Mid Cap ETF $FMDE

PNC Financial Services Group Inc. raised its holdings in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 186.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,333 shares of the company’s stock after buying an additional 13,247 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Fidelity Enhanced Mid Cap ETF were worth $731,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in FMDE. Geneos Wealth Management Inc. raised its holdings in shares of Fidelity Enhanced Mid Cap ETF by 15.6% during the second quarter. Geneos Wealth Management Inc. now owns 2,450 shares of the company’s stock valued at $84,000 after acquiring an additional 331 shares in the last quarter. Cornerstone Planning Group LLC boosted its holdings in Fidelity Enhanced Mid Cap ETF by 70.1% in the first quarter. Cornerstone Planning Group LLC now owns 1,102 shares of the company’s stock valued at $43,000 after acquiring an additional 454 shares in the last quarter. Evergreen Private Wealth LLC boosted its holdings in Fidelity Enhanced Mid Cap ETF by 1.9% in the fourth quarter. Evergreen Private Wealth LLC now owns 28,986 shares of the company’s stock valued at $1,055,000 after acquiring an additional 544 shares in the last quarter. CreativeOne Wealth LLC increased its position in Fidelity Enhanced Mid Cap ETF by 6.0% during the 4th quarter. CreativeOne Wealth LLC now owns 11,446 shares of the company’s stock valued at $416,000 after purchasing an additional 651 shares during the period. Finally, Creative Planning increased its position in Fidelity Enhanced Mid Cap ETF by 3.7% during the 3rd quarter. Creative Planning now owns 18,243 shares of the company’s stock valued at $660,000 after purchasing an additional 655 shares during the period.

Fidelity Enhanced Mid Cap ETF Stock Performance

Shares of NYSEARCA FMDE opened at $41.11 on Monday. Fidelity Enhanced Mid Cap ETF has a 12 month low of $34.06 and a 12 month high of $41.49. The firm has a market capitalization of $7.77 billion, a PE ratio of 20.20 and a beta of 0.91. The firm has a fifty day simple moving average of $40.22 and a two-hundred day simple moving average of $38.41.

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.