Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) Shares Acquired by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. boosted its stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 169.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,723 shares of the company’s stock after purchasing an additional 4,229 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Fidelity Enhanced Mid Cap ETF were worth $221,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FMDE. Proficio Capital Partners LLC acquired a new position in Fidelity Enhanced Mid Cap ETF during the 4th quarter valued at approximately $141,133,000. FMR LLC grew its stake in shares of Fidelity Enhanced Mid Cap ETF by 51.7% in the third quarter. FMR LLC now owns 6,556,111 shares of the company’s stock worth $210,845,000 after purchasing an additional 2,232,966 shares in the last quarter. Redhawk Wealth Advisors Inc. bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the fourth quarter worth $13,331,000. Raymond James Financial Inc. bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the fourth quarter worth $8,263,000. Finally, JPMorgan Chase & Co. grew its stake in shares of Fidelity Enhanced Mid Cap ETF by 20,732.0% in the third quarter. JPMorgan Chase & Co. now owns 209,570 shares of the company’s stock worth $6,740,000 after purchasing an additional 208,564 shares in the last quarter.

Fidelity Enhanced Mid Cap ETF Stock Performance

NYSEARCA:FMDE opened at $31.69 on Friday. Fidelity Enhanced Mid Cap ETF has a 1 year low of $28.21 and a 1 year high of $35.44. The stock has a market cap of $1.80 billion, a price-to-earnings ratio of 19.79 and a beta of 0.93. The business has a fifty day moving average of $33.32 and a 200-day moving average of $33.13.

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.