Elevation Point Wealth Partners LLC Takes $548,000 Position in Fidelity Enhanced Mid Cap ETF $FMDE

Elevation Point Wealth Partners LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 15,928 shares of the company’s stock, valued at approximately $548,000.

Other large investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its holdings in Fidelity Enhanced Mid Cap ETF by 12,968.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,544,393 shares of the company’s stock worth $79,741,000 after acquiring an additional 2,524,924 shares during the last quarter. Huntington National Bank lifted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 3.6% during the second quarter. Huntington National Bank now owns 2,409,183 shares of the company’s stock worth $82,911,000 after purchasing an additional 84,549 shares during the period. Capital Analysts LLC grew its stake in shares of Fidelity Enhanced Mid Cap ETF by 225,034.8% in the first quarter. Capital Analysts LLC now owns 1,886,630 shares of the company’s stock worth $59,127,000 after purchasing an additional 1,885,792 shares during the last quarter. Richard P Slaughter Associates Inc increased its holdings in Fidelity Enhanced Mid Cap ETF by 15.9% in the second quarter. Richard P Slaughter Associates Inc now owns 1,331,843 shares of the company’s stock valued at $45,835,000 after purchasing an additional 182,558 shares during the period. Finally, Commonwealth Equity Services LLC raised its position in Fidelity Enhanced Mid Cap ETF by 21.6% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,120,684 shares of the company’s stock worth $35,122,000 after purchasing an additional 199,119 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Trading Up 0.8%

Shares of FMDE opened at $36.41 on Friday. The stock’s 50-day moving average price is $35.77 and its two-hundred day moving average price is $35.02. Fidelity Enhanced Mid Cap ETF has a 12 month low of $26.93 and a 12 month high of $36.60. The company has a market capitalization of $4.13 billion, a PE ratio of 20.20 and a beta of 1.13.

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.