Oppenheimer & Co. Inc. acquired a new position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE – Free Report) during the third quarter, HoldingsChannel.com reports. The institutional investor acquired 15,194 shares of the company’s stock, valued at approximately $614,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Pension & Wealth Management Advisors Inc. lifted its position in shares of Fidelity Enhanced Mid Cap ETF by 33.8% during the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 1,101 shares of the company’s stock valued at $44,000 after acquiring an additional 278 shares during the period. Cornerstone Planning Group LLC grew its holdings 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 in the last quarter. Root Financial Partners LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the first quarter worth $54,000. Processus Wealth & Capital Management LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the third quarter worth $204,000. Finally, National Wealth Management Group LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the third quarter worth $210,000.
Fidelity Enhanced Mid Cap ETF Stock Up 0.9%
FMDE stock opened at $42.12 on Thursday. The company has a market cap of $8.69 billion, a PE ratio of 18.66 and a beta of 0.93. The business has a 50-day simple moving average of $41.39 and a 200 day simple moving average of $39.50. Fidelity Enhanced Mid Cap ETF has a 52 week low of $34.33 and a 52 week high of $42.97.
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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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).
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