Pathfinder Wealth Consulting Inc. Makes New $1.55 Million Investment in Fidelity Enhanced Mid Cap ETF $FMDE

Pathfinder Wealth Consulting Inc. bought a new stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) during the fourth quarter, Holdings Channel reports. The fund bought 42,540 shares of the company’s stock, valued at approximately $1,548,000. Fidelity Enhanced Mid Cap ETF makes up approximately 1.0% of Pathfinder Wealth Consulting Inc.’s portfolio, making the stock its 23rd largest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Geneos Wealth Management Inc. lifted its position in shares of Fidelity Enhanced Mid Cap ETF by 15.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 2,450 shares of the company’s stock valued at $84,000 after buying an additional 331 shares in the last quarter. Geneva Partners LLC lifted its position in shares of Fidelity Enhanced Mid Cap ETF by 2.5% during the 3rd quarter. Geneva Partners LLC now owns 15,703 shares of the company’s stock valued at $568,000 after buying an additional 381 shares in the last quarter. Certified Advisory Corp lifted its position in shares of Fidelity Enhanced Mid Cap ETF by 1.0% during the 3rd quarter. Certified Advisory Corp now owns 38,431 shares of the company’s stock valued at $1,389,000 after buying an additional 390 shares in the last quarter. Evergreen Private Wealth LLC lifted its position in shares of Fidelity Enhanced Mid Cap ETF by 1.9% during the 4th quarter. Evergreen Private Wealth LLC now owns 28,986 shares of the company’s stock valued at $1,055,000 after buying an additional 544 shares in the last quarter. Finally, Creative Planning lifted its position in shares of 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 buying an additional 655 shares in the last quarter.

Fidelity Enhanced Mid Cap ETF Price Performance

Shares of NYSEARCA:FMDE opened at $39.19 on Friday. Fidelity Enhanced Mid Cap ETF has a 1 year low of $32.50 and a 1 year high of $39.39. The firm has a market capitalization of $6.61 billion, a price-to-earnings ratio of 20.20 and a beta of 0.96. The business’s 50 day moving average price is $37.45 and its 200-day moving average price is $37.01.

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.