Barnes Pettey Financial Advisors LLC Boosts Stock Holdings in Fidelity Enhanced Mid Cap ETF $FMDE

Barnes Pettey Financial Advisors LLC lifted its holdings in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 74.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 96,598 shares of the company’s stock after acquiring an additional 41,228 shares during the quarter. Fidelity Enhanced Mid Cap ETF makes up about 1.5% of Barnes Pettey Financial Advisors LLC’s holdings, making the stock its 15th largest holding. Barnes Pettey Financial Advisors LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $3,474,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FMDE. Royal Bank of Canada boosted its stake in Fidelity Enhanced Mid Cap ETF by 777.6% in the first quarter. Royal Bank of Canada now owns 59,442 shares of the company’s stock valued at $1,863,000 after acquiring an additional 52,669 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Fidelity Enhanced Mid Cap ETF by 12,968.9% during the first quarter. Goldman Sachs Group Inc. now owns 2,544,393 shares of the company’s stock worth $79,741,000 after purchasing an additional 2,524,924 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 5.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 231,266 shares of the company’s stock valued at $7,959,000 after purchasing an additional 12,728 shares during the last quarter. Main Street Financial Solutions LLC purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF during the 2nd quarter valued at $205,000. Finally, Betterment LLC acquired a new stake in shares of Fidelity Enhanced Mid Cap ETF in the 2nd quarter worth $387,000.

Fidelity Enhanced Mid Cap ETF Price Performance

Shares of NYSEARCA:FMDE opened at $40.44 on Thursday. The business’s 50-day moving average is $39.33 and its 200 day moving average is $37.83. Fidelity Enhanced Mid Cap ETF has a 1 year low of $33.92 and a 1 year high of $40.86. The firm has a market capitalization of $7.71 billion, a P/E ratio of 20.20 and a beta of 0.91.

About Fidelity Enhanced Mid Cap ETF

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.