Private Advisor Group LLC Has $13.14 Million Holdings in Fidelity Enhanced Mid Cap ETF $FMDE

Private Advisor Group LLC grew its stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 31.5% in the first quarter, HoldingsChannel reports. The fund owned 365,387 shares of the company’s stock after acquiring an additional 87,446 shares during the period. Private Advisor Group LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $13,139,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Fidelity Enhanced Mid Cap ETF by 170.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 18,829,902 shares of the company’s stock valued at $685,032,000 after purchasing an additional 11,869,760 shares in the last quarter. LPL Financial LLC lifted its holdings in Fidelity Enhanced Mid Cap ETF by 28.3% during the 4th quarter. LPL Financial LLC now owns 4,947,566 shares of the company’s stock worth $179,992,000 after buying an additional 1,090,826 shares in the last quarter. Wells Fargo & Company MN boosted its position in Fidelity Enhanced Mid Cap ETF by 90.2% in the 4th quarter. Wells Fargo & Company MN now owns 3,432,732 shares of the company’s stock valued at $124,883,000 after buying an additional 1,627,937 shares during the last quarter. Huntington National Bank boosted its position in Fidelity Enhanced Mid Cap ETF by 6.4% in the 4th quarter. Huntington National Bank now owns 2,878,740 shares of the company’s stock valued at $104,729,000 after buying an additional 173,185 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of Fidelity Enhanced Mid Cap ETF by 12,968.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,544,393 shares of the company’s stock valued at $79,741,000 after buying an additional 2,524,924 shares during the period.

Fidelity Enhanced Mid Cap ETF Price Performance

FMDE stock opened at $40.38 on Friday. The company has a market cap of $7.36 billion, a P/E ratio of 20.20 and a beta of 0.91. Fidelity Enhanced Mid Cap ETF has a twelve month low of $33.92 and a twelve month high of $40.86. The business has a fifty day moving average of $39.40 and a 200-day moving average of $37.87.

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.