Truist Financial Corp Buys 832 Shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Truist Financial Corp raised its stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 5.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,525 shares of the company’s stock after buying an additional 832 shares during the period. Truist Financial Corp’s holdings in Fidelity Enhanced Mid Cap ETF were worth $543,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Certified Advisory Corp increased its holdings in shares of Fidelity Enhanced Mid Cap ETF by 2.3% in the 3rd quarter. Certified Advisory Corp now owns 29,309 shares of the company’s stock worth $943,000 after buying an additional 661 shares during the last quarter. Lynch & Associates IN boosted its stake in shares of Fidelity Enhanced Mid Cap ETF by 13.3% in the 4th quarter. Lynch & Associates IN now owns 17,345 shares of the company’s stock valued at $570,000 after purchasing an additional 2,040 shares in the last quarter. Geneos Wealth Management Inc. purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF in the 4th quarter valued at $70,000. Pathstone Holdings LLC boosted its stake in shares of Fidelity Enhanced Mid Cap ETF by 3.7% in the 3rd quarter. Pathstone Holdings LLC now owns 188,244 shares of the company’s stock valued at $6,054,000 after purchasing an additional 6,638 shares in the last quarter. Finally, Prospera Financial Services Inc purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF in the 3rd quarter valued at $215,000.

Fidelity Enhanced Mid Cap ETF Stock Performance

Shares of Fidelity Enhanced Mid Cap ETF stock opened at $32.62 on Tuesday. Fidelity Enhanced Mid Cap ETF has a 52-week low of $28.21 and a 52-week high of $35.44. The stock has a market capitalization of $1.86 billion, a price-to-earnings ratio of 19.53 and a beta of 0.93. The company has a fifty day moving average of $33.74 and a 200-day moving average of $33.09.

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.