Envestnet Asset Management Inc. Purchases 836,827 Shares of Fidelity Enhanced Mid Cap ETF $FMDE

Envestnet Asset Management Inc. raised its holdings in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 129.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,482,448 shares of the company’s stock after purchasing an additional 836,827 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Fidelity Enhanced Mid Cap ETF were worth $53,590,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of FMDE. CreativeOne Wealth LLC increased its position in Fidelity Enhanced Mid Cap ETF by 2.5% in the second quarter. CreativeOne Wealth LLC now owns 11,734 shares of the company’s stock worth $404,000 after purchasing an additional 289 shares during the period. D.A. Davidson & CO. lifted its holdings in Fidelity Enhanced Mid Cap ETF by 0.4% during the second quarter. D.A. Davidson & CO. now owns 81,673 shares of the company’s stock worth $2,811,000 after acquiring an additional 292 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 15.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 2,450 shares of the company’s stock valued at $84,000 after purchasing an additional 331 shares in the last quarter. OmniStar Financial Group Inc. lifted its stake in Fidelity Enhanced Mid Cap ETF by 1.6% in the second quarter. OmniStar Financial Group Inc. now owns 40,684 shares of the company’s stock valued at $1,400,000 after buying an additional 660 shares in the last quarter. Finally, Williams & Novak LLC raised its holdings in shares of Fidelity Enhanced Mid Cap ETF by 12.1% during the third quarter. Williams & Novak LLC now owns 7,269 shares of the company’s stock worth $263,000 after acquiring an additional 785 shares during the period.

Fidelity Enhanced Mid Cap ETF Price Performance

Shares of Fidelity Enhanced Mid Cap ETF stock opened at $37.67 on Tuesday. The stock’s 50-day moving average is $36.98 and its 200-day moving average is $36.13. Fidelity Enhanced Mid Cap ETF has a one year low of $26.93 and a one year high of $37.92. The firm has a market cap of $5.17 billion, a price-to-earnings 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.