Koshinski Asset Management Inc. Buys New Stake in Fidelity Enhanced Mid Cap ETF $FMDE

Koshinski Asset Management Inc. bought a new stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 13,739 shares of the company’s stock, valued at approximately $494,000.

A number of other institutional investors also recently added to or reduced their stakes in FMDE. Anchor Investment Management LLC acquired a new position in shares of Fidelity Enhanced Mid Cap ETF during the fourth quarter valued at $30,000. Quattro Advisors LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF in the fourth quarter worth about $43,000. Root Financial Partners LLC bought a new position in Fidelity Enhanced Mid Cap ETF in the 1st quarter valued at about $54,000. Advisory Services Network LLC bought a new position in Fidelity Enhanced Mid Cap ETF in the 3rd quarter valued at about $75,000. Finally, Geneos Wealth Management Inc. increased its stake in 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 during the period.

Fidelity Enhanced Mid Cap ETF Trading Down 0.5%

FMDE stock opened at $40.38 on Wednesday. Fidelity Enhanced Mid Cap ETF has a 52 week low of $33.92 and a 52 week high of $40.86. The company has a market capitalization of $7.36 billion, a price-to-earnings ratio of 20.20 and a beta of 0.91. The firm’s 50-day moving average is $39.49 and its two-hundred day moving average is $37.94.

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.