Fidelity Enhanced Mid Cap ETF $FMDE Position Reduced by Provident Wealth Management LLC

Provident Wealth Management LLC decreased its position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 28.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 140,948 shares of the company’s stock after selling 54,700 shares during the quarter. Fidelity Enhanced Mid Cap ETF makes up 2.1% of Provident Wealth Management LLC’s portfolio, making the stock its 12th biggest holding. Provident Wealth Management LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $5,691,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Citadel Advisors LLC purchased a new position in Fidelity Enhanced Mid Cap ETF in the second quarter worth about $118,748,000. Royal Bank of Canada grew its stake in shares of Fidelity Enhanced Mid Cap ETF by 98.6% during the 1st quarter. Royal Bank of Canada now owns 1,064,458 shares of the company’s stock valued at $38,279,000 after purchasing an additional 528,497 shares during the period. Walled Lake Planning & Wealth Management LLC bought a new stake in shares of Fidelity Enhanced Mid Cap ETF during the 1st quarter valued at about $15,324,000. Cetera Investment Advisers grew its stake in shares of Fidelity Enhanced Mid Cap ETF by 24.3% during the 1st quarter. Cetera Investment Advisers now owns 2,043,214 shares of the company’s stock valued at $73,474,000 after purchasing an additional 398,833 shares during the period. Finally, Kestra Advisory Services LLC increased its position in shares of Fidelity Enhanced Mid Cap ETF by 24.7% during the 1st quarter. Kestra Advisory Services LLC now owns 1,901,836 shares of the company’s stock valued at $68,390,000 after purchasing an additional 376,601 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Stock Up 1.1%

NYSEARCA FMDE opened at $41.51 on Wednesday. The company has a 50-day moving average price of $41.55 and a 200-day moving average price of $40.26. Fidelity Enhanced Mid Cap ETF has a 52 week low of $34.33 and a 52 week high of $42.97. The firm has a market capitalization of $8.44 billion, a P/E ratio of 20.20 and a beta of 0.93.

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.