Fidelity Enhanced Mid Cap ETF $FMDE Shares Bought by Serenity Investment Advisors

Serenity Investment Advisors increased its position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 7.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 307,968 shares of the company’s stock after acquiring an additional 21,912 shares during the quarter. Fidelity Enhanced Mid Cap ETF comprises about 5.5% of Serenity Investment Advisors’ investment portfolio, making the stock its 5th largest position. Serenity Investment Advisors owned approximately 0.16% of Fidelity Enhanced Mid Cap ETF worth $12,962,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Ameritas Advisory Services LLC bought a new stake in Fidelity Enhanced Mid Cap ETF during the 2nd quarter worth about $480,000. SFG Wealth Management LLC. bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the 2nd quarter valued at about $861,000. HB Wealth Management LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the 2nd quarter valued at about $4,213,000. Tenet Wealth Partners LLC acquired a new stake in shares of Fidelity Enhanced Mid Cap ETF during the 2nd quarter worth approximately $834,000. Finally, Cassilly Financial Group LLC grew its position in shares of Fidelity Enhanced Mid Cap ETF by 2.7% during the 2nd quarter. Cassilly Financial Group LLC now owns 62,685 shares of the company’s stock worth $2,544,000 after buying an additional 1,667 shares during the period.

Fidelity Enhanced Mid Cap ETF Price Performance

FMDE opened at $42.13 on Monday. The company has a market cap of $7.97 billion, a price-to-earnings ratio of 20.20 and a beta of 0.91. The firm has a 50 day simple moving average of $41.42 and a 200 day simple moving average of $39.27. Fidelity Enhanced Mid Cap ETF has a fifty-two week low of $34.33 and a fifty-two week high of $42.97.

Fidelity Enhanced Mid Cap ETF 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.