Worth Asset Management LLC Buys 18,776 Shares of Fidelity Enhanced Mid Cap ETF $FMDE

Worth Asset Management LLC grew its stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE – Free Report) by 51.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 55,284 shares of the company’s stock after buying an additional 18,776 shares during the quarter. Worth Asset Management LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $2,232,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. LPL Financial LLC grew its stake in shares of Fidelity Enhanced Mid Cap ETF by 28.3% during the 4th quarter. LPL Financial LLC now owns 4,947,566 shares of the company’s stock worth $179,992,000 after purchasing an additional 1,090,826 shares during the period. Citadel Advisors LLC acquired a new position in shares of Fidelity Enhanced Mid Cap ETF in the 2nd quarter valued at $118,748,000. Cetera Investment Advisers boosted its holdings in Fidelity Enhanced Mid Cap ETF by 24.3% during the first quarter. Cetera Investment Advisers now owns 2,043,214 shares of the company’s stock worth $73,474,000 after buying an additional 398,833 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Fidelity Enhanced Mid Cap ETF by 9.5% during the second quarter. Envestnet Asset Management Inc. now owns 1,983,161 shares of the company’s stock valued at $80,477,000 after buying an additional 171,715 shares during the period. Finally, Kestra Advisory Services LLC grew its position in Fidelity Enhanced Mid Cap ETF by 24.7% during the first quarter. Kestra Advisory Services LLC now owns 1,901,836 shares of the company’s stock valued at $68,390,000 after buying an additional 376,601 shares during the period.

Fidelity Enhanced Mid Cap ETF Trading Down 1.1%

FMDE traded down $0.45 on Wednesday, reaching $40.99. The stock had a trading volume of 654,399 shares, compared to its average volume of 926,715. The business’s 50-day moving average price is $41.65 and its two-hundred day moving average price is $39.88. The company has a market cap of $8.24 billion, a P/E ratio of 20.20 and a beta of 0.93. Fidelity Enhanced Mid Cap ETF has a 12-month low of $34.33 and a 12-month high of $42.97.

Fidelity Enhanced Mid Cap ETF Profile

(Free Report)

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.

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