Parkside Investments LLC Sells 85,215 Shares of Fidelity Enhanced Mid Cap ETF $FMDE

Parkside Investments LLC trimmed its position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 19.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 353,556 shares of the company’s stock after selling 85,215 shares during the period. Fidelity Enhanced Mid Cap ETF comprises approximately 1.6% of Parkside Investments LLC’s holdings, making the stock its 17th largest holding. Parkside Investments LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $12,862,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of FMDE. Northwestern Mutual Wealth Management Co. boosted its position in Fidelity Enhanced Mid Cap ETF by 170.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 18,829,902 shares of the company’s stock valued at $685,032,000 after buying an additional 11,869,760 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Fidelity Enhanced Mid Cap ETF by 12,968.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,544,393 shares of the company’s stock valued at $79,741,000 after buying an additional 2,524,924 shares during the last quarter. Thrivent Financial for Lutherans bought a new position in Fidelity Enhanced Mid Cap ETF in the 4th quarter valued at $84,551,000. Ameriprise Financial Inc. boosted its position in Fidelity Enhanced Mid Cap ETF by 8,528.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,022,442 shares of the company’s stock valued at $73,118,000 after buying an additional 1,999,003 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its position in Fidelity Enhanced Mid Cap ETF by 114.4% in the 3rd quarter. Raymond James Financial Inc. now owns 2,111,621 shares of the company’s stock valued at $76,335,000 after buying an additional 1,126,665 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Stock Performance

Shares of FMDE opened at $39.19 on Tuesday. The business’s fifty day moving average price is $37.51 and its two-hundred day moving average price is $37.05. The firm has a market capitalization of $6.61 billion, a price-to-earnings ratio of 20.20 and a beta of 0.96. Fidelity Enhanced Mid Cap ETF has a 52 week low of $32.50 and a 52 week high of $39.39.

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.