Investment Advisory Services Inc. TX ADV Sells 390,377 Shares of Fidelity Enhanced Mid Cap ETF $FMDE

Investment Advisory Services Inc. TX ADV lowered its position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 64.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 214,127 shares of the company’s stock after selling 390,377 shares during the period. Fidelity Enhanced Mid Cap ETF accounts for about 2.4% of Investment Advisory Services Inc. TX ADV’s holdings, making the stock its 11th biggest position. Investment Advisory Services Inc. TX ADV’s holdings in Fidelity Enhanced Mid Cap ETF were worth $8,646,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of FMDE. Serenity Investment Advisors boosted its holdings in Fidelity Enhanced Mid Cap ETF by 7.7% in the 2nd quarter. Serenity Investment Advisors now owns 307,968 shares of the company’s stock valued at $12,962,000 after purchasing an additional 21,912 shares during the period. Bleakley Financial Group LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF during the 1st quarter valued at $769,000. Independent Financial Group LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF during the 1st quarter valued at $3,244,000. Citadel Advisors LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF during the 2nd quarter valued at $118,748,000. Finally, KFG Wealth Management LLC grew its position in shares of Fidelity Enhanced Mid Cap ETF by 5.9% during the 2nd quarter. KFG Wealth Management LLC now owns 947,794 shares of the company’s stock valued at $38,461,000 after purchasing an additional 53,176 shares in the last quarter.

Fidelity Enhanced Mid Cap ETF Stock Performance

Fidelity Enhanced Mid Cap ETF stock opened at $41.78 on Wednesday. The stock has a market cap of $8.55 billion, a P/E ratio of 20.20 and a beta of 0.93. Fidelity Enhanced Mid Cap ETF has a fifty-two week low of $34.33 and a fifty-two week high of $42.97. The firm’s fifty day moving average price is $41.44 and its 200-day moving average price is $39.37.

Fidelity Enhanced Mid Cap ETF Company 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.