Staley Capital Advisers Inc. raised its holdings in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE – Free Report) by 44.2% during the first quarter, HoldingsChannel.com reports. The firm owned 309,865 shares of the company’s stock after acquiring an additional 95,025 shares during the quarter. Staley Capital Advisers Inc.’s holdings in Fidelity Enhanced Mid Cap ETF were worth $11,143,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its position in shares of Fidelity Enhanced Mid Cap ETF by 170.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 18,829,902 shares of the company’s stock worth $685,032,000 after buying an additional 11,869,760 shares during the period. LPL Financial LLC raised its stake in shares of Fidelity Enhanced Mid Cap ETF by 28.3% during the fourth quarter. LPL Financial LLC now owns 4,947,566 shares of the company’s stock worth $179,992,000 after buying an additional 1,090,826 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in Fidelity Enhanced Mid Cap ETF by 90.2% in the fourth quarter. Wells Fargo & Company MN now owns 3,432,732 shares of the company’s stock valued at $124,883,000 after buying an additional 1,627,937 shares during the period. Huntington National Bank lifted its holdings in Fidelity Enhanced Mid Cap ETF by 6.4% in the fourth quarter. Huntington National Bank now owns 2,878,740 shares of the company’s stock valued at $104,729,000 after buying an additional 173,185 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in Fidelity Enhanced Mid Cap ETF by 12,968.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,544,393 shares of the company’s stock valued at $79,741,000 after buying an additional 2,524,924 shares during the period.
Fidelity Enhanced Mid Cap ETF Stock Performance
Shares of FMDE stock opened at $40.11 on Thursday. The firm’s 50 day moving average price is $39.53 and its two-hundred day moving average price is $37.96. Fidelity Enhanced Mid Cap ETF has a 52-week low of $33.92 and a 52-week high of $40.86. The stock has a market cap of $7.48 billion, a PE ratio of 20.20 and a beta of 0.91.
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.
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