HighTower Advisors LLC Acquires 17,341 Shares of Fidelity Enhanced Mid Cap ETF $FMDE

HighTower Advisors LLC raised its holdings in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 33.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 68,846 shares of the company’s stock after acquiring an additional 17,341 shares during the period. HighTower Advisors LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $2,489,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CreativeOne Wealth LLC boosted its position in shares of Fidelity Enhanced Mid Cap ETF by 2.5% during the 2nd quarter. CreativeOne Wealth LLC now owns 11,734 shares of the company’s stock valued at $404,000 after acquiring an additional 289 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Fidelity Enhanced Mid Cap ETF by 15.6% in the second quarter. Geneos Wealth Management Inc. now owns 2,450 shares of the company’s stock valued at $84,000 after purchasing an additional 331 shares in the last quarter. OmniStar Financial Group Inc. lifted its position in Fidelity Enhanced Mid Cap ETF by 1.6% during the second quarter. OmniStar Financial Group Inc. now owns 40,684 shares of the company’s stock valued at $1,400,000 after purchasing an additional 660 shares during the last quarter. Williams & Novak LLC lifted its position in Fidelity Enhanced Mid Cap ETF by 12.1% during the third quarter. Williams & Novak LLC now owns 7,269 shares of the company’s stock valued at $263,000 after purchasing an additional 785 shares during the last quarter. Finally, AE Wealth Management LLC grew its stake in Fidelity Enhanced Mid Cap ETF by 632.9% in the 3rd quarter. AE Wealth Management LLC now owns 1,026 shares of the company’s stock worth $37,000 after buying an additional 886 shares in the last quarter.

Fidelity Enhanced Mid Cap ETF Price Performance

Shares of NYSEARCA:FMDE opened at $38.06 on Friday. The company’s fifty day moving average price is $37.30 and its 200-day moving average price is $36.38. The firm has a market capitalization of $5.22 billion, a price-to-earnings ratio of 20.20 and a beta of 1.13. Fidelity Enhanced Mid Cap ETF has a one year low of $26.93 and a one year high of $38.26.

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.