BG Investment Services LLC Raises Holdings in Fidelity Enhanced Mid Cap ETF $FMDE

BG Investment Services LLC boosted its holdings in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 33.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 53,149 shares of the company’s stock after buying an additional 13,342 shares during the quarter. Fidelity Enhanced Mid Cap ETF makes up about 1.7% of BG Investment Services LLC’s holdings, making the stock its 16th biggest holding. BG Investment Services LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $1,934,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FMDE. Geneos Wealth Management Inc. grew its holdings 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 worth $84,000 after purchasing an additional 331 shares during the period. Geneva Partners LLC lifted its position in Fidelity Enhanced Mid Cap ETF by 2.5% in the third quarter. Geneva Partners LLC now owns 15,703 shares of the company’s stock valued at $568,000 after buying an additional 381 shares during the last quarter. Certified Advisory Corp boosted its stake in Fidelity Enhanced Mid Cap ETF by 1.0% during the third quarter. Certified Advisory Corp now owns 38,431 shares of the company’s stock worth $1,389,000 after buying an additional 390 shares during the period. Evergreen Private Wealth LLC increased its position in shares of Fidelity Enhanced Mid Cap ETF by 1.9% during the fourth quarter. Evergreen Private Wealth LLC now owns 28,986 shares of the company’s stock valued at $1,055,000 after acquiring an additional 544 shares during the last quarter. Finally, Creative Planning raised its stake in shares of Fidelity Enhanced Mid Cap ETF by 3.7% in the 3rd quarter. Creative Planning now owns 18,243 shares of the company’s stock valued at $660,000 after acquiring an additional 655 shares during the period.

Fidelity Enhanced Mid Cap ETF Stock Performance

Shares of FMDE stock opened at $38.73 on Thursday. Fidelity Enhanced Mid Cap ETF has a one year low of $32.50 and a one year high of $39.39. The firm’s 50 day moving average price is $37.22 and its 200-day moving average price is $36.88. The firm has a market cap of $6.53 billion, a P/E ratio of 20.20 and a beta of 0.96.

Fidelity Enhanced Mid Cap ETF 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.