Capital Analysts LLC Invests $28,000 in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Capital Analysts LLC bought a new stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 838 shares of the company’s stock, valued at approximately $28,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Harbour Investments Inc. increased its holdings in Fidelity Enhanced Mid Cap ETF by 34.3% in the fourth quarter. Harbour Investments Inc. now owns 2,812 shares of the company’s stock valued at $92,000 after buying an additional 718 shares in the last quarter. Truist Financial Corp grew its position in shares of Fidelity Enhanced Mid Cap ETF by 5.3% during the 4th quarter. Truist Financial Corp now owns 16,525 shares of the company’s stock valued at $543,000 after acquiring an additional 832 shares during the period. Evergreen Private Wealth LLC increased its stake in shares of Fidelity Enhanced Mid Cap ETF by 3.9% in the 4th quarter. Evergreen Private Wealth LLC now owns 28,982 shares of the company’s stock valued at $952,000 after purchasing an additional 1,075 shares in the last quarter. Avantax Advisory Services Inc. raised its holdings in Fidelity Enhanced Mid Cap ETF by 7.2% in the 4th quarter. Avantax Advisory Services Inc. now owns 25,764 shares of the company’s stock worth $846,000 after purchasing an additional 1,720 shares during the period. Finally, Lynch & Associates IN boosted its position in Fidelity Enhanced Mid Cap ETF by 13.3% during the fourth quarter. Lynch & Associates IN now owns 17,345 shares of the company’s stock worth $570,000 after purchasing an additional 2,040 shares in the last quarter.

Fidelity Enhanced Mid Cap ETF Trading Up 0.6 %

Shares of FMDE opened at $31.42 on Wednesday. The firm has a market cap of $1.79 billion, a P/E ratio of 18.44 and a beta of 0.93. Fidelity Enhanced Mid Cap ETF has a 12 month low of $26.93 and a 12 month high of $35.44. The stock’s 50 day moving average is $31.05 and its two-hundred day moving average is $32.86.

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.