Private Advisor Group LLC Has $13.14 Million Stock Position in Fidelity Enhanced Mid Cap ETF $FMDE

Private Advisor Group LLC raised its position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 31.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 365,387 shares of the company’s stock after buying an additional 87,446 shares during the period. Private Advisor Group LLC owned 0.22% of Fidelity Enhanced Mid Cap ETF worth $13,139,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of Fidelity Enhanced Mid Cap ETF by 170.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 18,829,902 shares of the company’s stock valued at $685,032,000 after acquiring an additional 11,869,760 shares during the last quarter. LPL Financial LLC grew its position in Fidelity Enhanced Mid Cap ETF by 28.3% during the 4th quarter. LPL Financial LLC now owns 4,947,566 shares of the company’s stock worth $179,992,000 after acquiring an additional 1,090,826 shares during the last quarter. Wells Fargo & Company MN grew its position in Fidelity Enhanced Mid Cap ETF by 90.2% during the 4th quarter. Wells Fargo & Company MN now owns 3,432,732 shares of the company’s stock worth $124,883,000 after acquiring an additional 1,627,937 shares during the last quarter. Huntington National Bank increased its holdings in Fidelity Enhanced Mid Cap ETF by 6.4% during the 4th quarter. Huntington National Bank now owns 2,878,740 shares of the company’s stock valued at $104,729,000 after purchasing an additional 173,185 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in Fidelity Enhanced Mid Cap ETF by 12,968.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,544,393 shares of the company’s stock valued at $79,741,000 after purchasing an additional 2,524,924 shares in the last quarter.

Fidelity Enhanced Mid Cap ETF Stock Performance

Fidelity Enhanced Mid Cap ETF stock opened at $40.38 on Friday. The firm has a market cap of $7.36 billion, a P/E ratio of 20.20 and a beta of 0.91. The business’s fifty day moving average is $39.40 and its two-hundred day moving average is $37.87. Fidelity Enhanced Mid Cap ETF has a 52 week low of $33.92 and a 52 week high of $40.86.

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.