Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE – Get Free Report) shares saw an uptick in trading volume on Tuesday . Approximately 2,601,866 shares were traded during trading, an increase of 173% from the previous session’s volume of 954,805 shares.The stock last traded at $42.21 and had previously closed at $41.52.
Fidelity Enhanced Mid Cap ETF Stock Up 1.6%
The stock has a market capitalization of $7.97 billion, a price-to-earnings ratio of 20.20 and a beta of 0.91. The business has a 50-day simple moving average of $40.27 and a two-hundred day simple moving average of $38.44.
Institutional Trading of Fidelity Enhanced Mid Cap ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Anchor Investment Management LLC acquired a new position in Fidelity Enhanced Mid Cap ETF during the fourth quarter worth about $30,000. Cornerstone Planning Group LLC lifted its holdings in Fidelity Enhanced Mid Cap ETF by 70.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 1,102 shares of the company’s stock valued at $43,000 after acquiring an additional 454 shares during the last quarter. Quattro Advisors LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF in the 4th quarter valued at about $43,000. Root Financial Partners LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF in the 1st quarter valued at about $54,000. Finally, Advisory Services Network LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF during the 3rd quarter valued at about $75,000.
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.
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