B. Riley Wealth Advisors Inc. purchased a new position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 12,632 shares of the company’s stock, valued at approximately $510,000.
Several other large investors have also recently added to or reduced their stakes in FMDE. Anchor Investment Management LLC acquired a new position in Fidelity Enhanced Mid Cap ETF in the fourth quarter valued at $30,000. Cornerstone Planning Group LLC lifted its stake in shares of Fidelity Enhanced Mid Cap ETF by 70.1% during the first quarter. Cornerstone Planning Group LLC now owns 1,102 shares of the company’s stock worth $43,000 after purchasing an additional 454 shares in the last quarter. Root Financial Partners LLC purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF in the first quarter worth about $54,000. Mayflower Financial Advisors LLC purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF in the first quarter worth about $224,000. Finally, Harbor Investment Advisory LLC acquired a new stake in shares of Fidelity Enhanced Mid Cap ETF in the first quarter valued at about $227,000.
Fidelity Enhanced Mid Cap ETF Stock Performance
FMDE stock opened at $41.02 on Friday. The firm has a market cap of $8.32 billion, a P/E ratio of 20.20 and a beta of 0.93. Fidelity Enhanced Mid Cap ETF has a 1 year low of $34.33 and a 1 year high of $42.97. The stock has a 50-day simple moving average of $41.59 and a 200-day simple moving average of $40.16.
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.
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