Janney Montgomery Scott LLC Lowers Stake in Fidelity Enhanced Mid Cap ETF $FMDE

Janney Montgomery Scott LLC cut its stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 33.3% in the 1st quarter, HoldingsChannel reports. The fund owned 45,141 shares of the company’s stock after selling 22,534 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $1,623,000 at the end of the most recent quarter.

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

Fidelity Enhanced Mid Cap ETF Price Performance

FMDE stock opened at $40.58 on Friday. Fidelity Enhanced Mid Cap ETF has a 1 year low of $33.92 and a 1 year high of $40.86. The company has a market cap of $7.57 billion, a P/E ratio of 20.20 and a beta of 0.91. The firm has a 50-day moving average of $39.64 and a 200 day moving average of $38.01.

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.