Royal Bank of Canada lifted its stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE – Free Report) by 98.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,064,458 shares of the company’s stock after acquiring an additional 528,497 shares during the period. Royal Bank of Canada owned 0.63% of Fidelity Enhanced Mid Cap ETF worth $38,279,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently modified their holdings of FMDE. Goldman Sachs Group Inc. increased its position in Fidelity Enhanced Mid Cap ETF by 12,968.9% during the first quarter. Goldman Sachs Group Inc. now owns 2,544,393 shares of the company’s stock worth $79,741,000 after purchasing an additional 2,524,924 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Fidelity Enhanced Mid Cap ETF by 5.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 231,266 shares of the company’s stock valued at $7,959,000 after purchasing an additional 12,728 shares during the last quarter. Main Street Financial Solutions LLC purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF in the 2nd quarter valued at approximately $205,000. Betterment LLC purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF in the 2nd quarter valued at approximately $387,000. Finally, Raymond James Financial Inc. grew its stake in shares of Fidelity Enhanced Mid Cap ETF by 66.3% in the 2nd quarter. Raymond James Financial Inc. now owns 984,956 shares of the company’s stock valued at $33,897,000 after buying an additional 392,582 shares during the period.
Fidelity Enhanced Mid Cap ETF Price Performance
Shares of NYSEARCA FMDE opened at $41.52 on Tuesday. The company has a market capitalization of $7.84 billion, a P/E ratio of 20.20 and a beta of 0.91. The company has a 50 day simple moving average of $40.27 and a 200-day simple moving average of $38.44. Fidelity Enhanced Mid Cap ETF has a 1 year low of $34.33 and a 1 year high of $41.54.
Fidelity Enhanced Mid Cap ETF Company 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.
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