Cetera Investment Advisers Cuts Position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Cetera Investment Advisers cut its stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 10.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 253,397 shares of the company’s stock after selling 30,916 shares during the quarter. Cetera Investment Advisers’ holdings in Fidelity Enhanced Mid Cap ETF were worth $8,324,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in FMDE. Capital Analysts LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF in the 4th quarter valued at $28,000. Geneos Wealth Management Inc. purchased a new position in shares of Fidelity Enhanced Mid Cap ETF in the 4th quarter valued at $70,000. Comerica Bank purchased a new position in shares of Fidelity Enhanced Mid Cap ETF in the 4th quarter valued at $88,000. Harbour Investments Inc. increased its holdings in shares of Fidelity Enhanced Mid Cap ETF by 34.3% in the 4th quarter. Harbour Investments Inc. now owns 2,812 shares of the company’s stock valued at $92,000 after acquiring an additional 718 shares during the period. Finally, CIBC Private Wealth Group LLC increased its holdings in shares of Fidelity Enhanced Mid Cap ETF by 94.2% in the 4th quarter. CIBC Private Wealth Group LLC now owns 4,485 shares of the company’s stock valued at $149,000 after acquiring an additional 2,175 shares during the period.

Fidelity Enhanced Mid Cap ETF Trading Down 0.1%

Shares of NYSEARCA:FMDE opened at $32.25 on Monday. Fidelity Enhanced Mid Cap ETF has a 12-month low of $26.93 and a 12-month high of $35.44. The business’s fifty day simple moving average is $30.88 and its 200-day simple moving average is $32.82. The company has a market capitalization of $1.84 billion, a PE ratio of 18.91 and a beta of 0.93.

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.