Cornerstone Wealth LLC TN bought a new stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE – Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 76,070 shares of the company’s stock, valued at approximately $2,890,000. Fidelity Enhanced Mid Cap ETF makes up about 1.6% of Cornerstone Wealth LLC TN’s investment portfolio, making the stock its 18th largest position.
Several other hedge funds also recently modified their holdings of the company. Anchor Investment Management LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF during the fourth quarter valued at approximately $30,000. Cornerstone Planning Group LLC lifted its stake in shares of Fidelity Enhanced Mid Cap ETF by 70.1% during the 1st quarter. Cornerstone Planning Group LLC now owns 1,102 shares of the company’s stock worth $43,000 after purchasing an additional 454 shares during the period. Quattro Advisors LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF during the 4th quarter worth $43,000. Root Financial Partners LLC acquired a new stake in shares of Fidelity Enhanced Mid Cap ETF during the first quarter worth $54,000. Finally, Advisory Services Network LLC acquired a new stake in shares of Fidelity Enhanced Mid Cap ETF during the third quarter worth $75,000.
Fidelity Enhanced Mid Cap ETF Trading Down 0.8%
NYSEARCA FMDE opened at $40.89 on Thursday. The business’s 50-day moving average price is $40.14 and its 200 day moving average price is $38.36. Fidelity Enhanced Mid Cap ETF has a twelve month low of $34.06 and a twelve month high of $41.50. The company has a market capitalization of $7.71 billion, a PE ratio of 20.20 and a beta of 0.91.
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.
Read More
- Five stocks we like better than Fidelity Enhanced Mid Cap ETF
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
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.
