Genesis Private Wealth LLC Acquires 14,265 Shares of Fidelity Enhanced Mid Cap ETF $FMDE

Genesis Private Wealth LLC lifted its holdings in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 26.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 69,122 shares of the company’s stock after acquiring an additional 14,265 shares during the quarter. Genesis Private Wealth LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $2,791,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Cornerstone Planning Group LLC raised its position in Fidelity Enhanced Mid Cap ETF by 70.1% during the first quarter. Cornerstone Planning Group LLC now owns 1,102 shares of the company’s stock valued at $43,000 after buying an additional 454 shares during the period. Pension & Wealth Management Advisors Inc. lifted its stake in Fidelity Enhanced Mid Cap ETF by 33.8% in the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 1,101 shares of the company’s stock worth $44,000 after acquiring an additional 278 shares in the last quarter. Root Financial Partners LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF in the 3rd quarter worth about $157,000. Latitude Advisors LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF in the 3rd quarter worth about $171,000. Finally, Processus Wealth & Capital Management LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF during the 3rd quarter worth about $204,000.

Fidelity Enhanced Mid Cap ETF Trading Down 3.5%

Shares of NYSEARCA FMDE opened at $40.66 on Friday. Fidelity Enhanced Mid Cap ETF has a one year low of $34.33 and a one year high of $42.97. The business has a 50-day moving average price of $41.35 and a two-hundred day moving average price of $39.51. The firm has a market capitalization of $8.39 billion, a PE ratio of 18.66 and a beta of 0.93.

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.