Worth Asset Management LLC Trims Stock Position in Fidelity Enhanced Mid Cap ETF $FMDE

Worth Asset Management LLC lessened its stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 36.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,508 shares of the company’s stock after selling 20,752 shares during the period. Worth Asset Management LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $1,482,000 at the end of the most recent quarter.

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

Fidelity Enhanced Mid Cap ETF Trading Up 1.3%

Shares of Fidelity Enhanced Mid Cap ETF stock opened at $42.29 on Friday. The stock’s fifty day moving average price is $40.47 and its 200-day moving average price is $38.56. The firm has a market cap of $8.00 billion, a P/E ratio of 20.20 and a beta of 0.91. Fidelity Enhanced Mid Cap ETF has a 12 month low of $34.33 and a 12 month high of $42.50.

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.