Cetera Investment Advisers lifted its position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE – Free Report) by 24.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,043,214 shares of the company’s stock after acquiring an additional 398,833 shares during the period. Cetera Investment Advisers owned about 1.21% of Fidelity Enhanced Mid Cap ETF worth $73,474,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the company. Savvy Advisors Inc. increased its position in shares of Fidelity Enhanced Mid Cap ETF by 113.7% during the fourth quarter. Savvy Advisors Inc. now owns 41,775 shares of the company’s stock worth $1,520,000 after acquiring an additional 22,222 shares during the period. Cassilly Financial Group LLC purchased a new position in Fidelity Enhanced Mid Cap ETF in the fourth quarter valued at $2,141,000. JPMorgan Chase & Co. grew its stake in Fidelity Enhanced Mid Cap ETF by 10.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 255,162 shares of the company’s stock worth $9,224,000 after purchasing an additional 23,896 shares in the last quarter. Investment Advisory Services Inc. TX ADV grew its stake in Fidelity Enhanced Mid Cap ETF by 70.6% during the 1st quarter. Investment Advisory Services Inc. TX ADV now owns 74,407 shares of the company’s stock worth $2,676,000 after purchasing an additional 30,786 shares in the last quarter. Finally, Sound Portfolio Advisors LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF during the 4th quarter worth about $4,445,000.
Fidelity Enhanced Mid Cap ETF Price Performance
FMDE stock opened at $40.38 on Friday. The firm has a market capitalization of $7.51 billion, a P/E ratio of 20.20 and a beta of 0.91. The business’s 50-day moving average is $39.94 and its two-hundred day moving average is $38.26. Fidelity Enhanced Mid Cap ETF has a 1 year low of $34.06 and a 1 year high of $40.86.
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.
Read More
- Five stocks we like better than Fidelity Enhanced Mid Cap ETF
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
Want to see what other hedge funds are holding FMDE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE – Free Report).
Receive News & Ratings for Fidelity Enhanced Mid Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Enhanced Mid Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
