Truist Financial Corp Increases Stock Position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Truist Financial Corp lifted its stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 12.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,901 shares of the company’s stock after purchasing an additional 1,663 shares during the period. Truist Financial Corp’s holdings in Fidelity Enhanced Mid Cap ETF were worth $439,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. CWM LLC bought a new stake in shares of Fidelity Enhanced Mid Cap ETF in the first quarter worth approximately $37,000. Salomon & Ludwin LLC bought a new stake in Fidelity Enhanced Mid Cap ETF in the first quarter worth $46,000. Ashton Thomas Private Wealth LLC bought a new position in Fidelity Enhanced Mid Cap ETF during the second quarter valued at $55,000. Anfield Capital Management LLC bought a new position in Fidelity Enhanced Mid Cap ETF during the second quarter valued at $116,000. Finally, Smithfield Trust Co increased its position in Fidelity Enhanced Mid Cap ETF by 73.0% during the first quarter. Smithfield Trust Co now owns 5,450 shares of the company’s stock valued at $166,000 after acquiring an additional 2,300 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Trading Up 0.6 %

NYSEARCA FMDE opened at $32.89 on Thursday. The company’s 50-day moving average price is $31.28 and its 200-day moving average price is $30.20. The stock has a market cap of $1.87 billion, a PE ratio of 19.53 and a beta of 0.93. Fidelity Enhanced Mid Cap ETF has a 12 month low of $24.82 and a 12 month high of $32.94.

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.