Integrated Wealth Concepts LLC Sells 21,409 Shares of Fidelity Enhanced Mid Cap ETF $FMDE

Integrated Wealth Concepts LLC reduced its stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 28.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,207 shares of the company’s stock after selling 21,409 shares during the period. Integrated Wealth Concepts LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $2,159,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in FMDE. NewEdge Advisors LLC increased its position in Fidelity Enhanced Mid Cap ETF by 15.6% during the 2nd quarter. NewEdge Advisors LLC now owns 98,480 shares of the company’s stock worth $3,996,000 after purchasing an additional 13,275 shares in the last quarter. Baird Financial Group Inc. boosted its position in Fidelity Enhanced Mid Cap ETF by 6.7% in the second quarter. Baird Financial Group Inc. now owns 387,191 shares of the company’s stock valued at $15,712,000 after buying an additional 24,378 shares in the last quarter. Citadel Advisors LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF in the second quarter valued at approximately $118,748,000. Serenity Investment Advisors grew its stake in shares of Fidelity Enhanced Mid Cap ETF by 7.7% during the second quarter. Serenity Investment Advisors now owns 307,968 shares of the company’s stock worth $12,962,000 after buying an additional 21,912 shares during the last quarter. Finally, Ameritas Advisory Services LLC bought a new stake in shares of Fidelity Enhanced Mid Cap ETF during the second quarter worth $480,000.

Fidelity Enhanced Mid Cap ETF Stock Performance

Shares of NYSEARCA:FMDE opened at $41.24 on Tuesday. Fidelity Enhanced Mid Cap ETF has a 52-week low of $34.33 and a 52-week high of $42.97. The company has a market capitalization of $7.80 billion, a PE ratio of 20.20 and a beta of 0.91. The company has a fifty day moving average of $41.54 and a 200-day moving average of $39.44.

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.