Level Four Advisory Services LLC Buys New Holdings in Fidelity Enhanced Mid Cap ETF $FMDE

Level Four Advisory Services LLC purchased a new position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 109,833 shares of the company’s stock, valued at approximately $3,970,000. Level Four Advisory Services LLC owned 0.10% of Fidelity Enhanced Mid Cap ETF at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. CWM LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF in the second quarter worth $31,000. AE Wealth Management LLC grew its holdings in Fidelity Enhanced Mid Cap ETF by 632.9% in the 3rd quarter. AE Wealth Management LLC now owns 1,026 shares of the company’s stock worth $37,000 after acquiring an additional 886 shares during the last quarter. Holos Integrated Wealth LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF in the second quarter valued at about $42,000. Atlantic Union Bankshares Corp bought a new position in shares of Fidelity Enhanced Mid Cap ETF during the second quarter valued at about $44,000. Finally, Clear Investment Research LLC raised its stake in shares of Fidelity Enhanced Mid Cap ETF by 209.6% during the third quarter. Clear Investment Research LLC now owns 1,288 shares of the company’s stock valued at $47,000 after acquiring an additional 872 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Price Performance

NYSEARCA FMDE opened at $37.53 on Wednesday. The stock has a market capitalization of $5.15 billion, a PE ratio of 20.20 and a beta of 1.13. Fidelity Enhanced Mid Cap ETF has a 1 year low of $26.93 and a 1 year high of $38.26. The business’s 50-day moving average is $37.34 and its 200 day moving average is $36.43.

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.