Global Assets Advisory LLC Buys Shares of 12,468 Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Global Assets Advisory LLC purchased a new position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 12,468 shares of the company’s stock, valued at approximately $410,000.

A number of other institutional investors have also made changes to their positions in the stock. AdvisorNet Financial Inc increased its stake in shares of Fidelity Enhanced Mid Cap ETF by 5.4% in the 1st quarter. AdvisorNet Financial Inc now owns 7,857 shares of the company’s stock valued at $240,000 after acquiring an additional 405 shares during the last quarter. Lynch & Associates IN grew its holdings in shares of Fidelity Enhanced Mid Cap ETF by 19.7% in the 1st quarter. Lynch & Associates IN now owns 9,095 shares of the company’s stock valued at $278,000 after buying an additional 1,495 shares during the period. CWM LLC bought a new stake in shares of Fidelity Enhanced Mid Cap ETF in the 1st quarter valued at $37,000. PNC Financial Services Group Inc. acquired a new stake in Fidelity Enhanced Mid Cap ETF during the 4th quarter worth $270,000. Finally, Twin Focus Capital Partners LLC bought a new position in Fidelity Enhanced Mid Cap ETF during the fourth quarter worth about $450,000.

Fidelity Enhanced Mid Cap ETF Price Performance

Shares of Fidelity Enhanced Mid Cap ETF stock opened at $29.40 on Friday. Fidelity Enhanced Mid Cap ETF has a 1 year low of $24.82 and a 1 year high of $30.63. The company has a market capitalization of $1.67 billion, a P/E ratio of 19.53 and a beta of 0.93. The business has a 50-day moving average of $29.51 and a two-hundred day moving average of $28.80.

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.