Nwam LLC Makes New Investment in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Nwam LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 21,630 shares of the company’s stock, valued at approximately $696,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Commonwealth Equity Services LLC grew its position in Fidelity Enhanced Mid Cap ETF by 64.0% in the second quarter. Commonwealth Equity Services LLC now owns 497,543 shares of the company’s stock worth $14,653,000 after acquiring an additional 194,249 shares during the period. Cetera Investment Advisers increased its position in shares of Fidelity Enhanced Mid Cap ETF by 1,799.9% during the 1st quarter. Cetera Investment Advisers now owns 340,793 shares of the company’s stock worth $10,408,000 after purchasing an additional 322,856 shares during the last quarter. Stratos Investment Management LLC raised its holdings in Fidelity Enhanced Mid Cap ETF by 6.3% in the 3rd quarter. Stratos Investment Management LLC now owns 239,568 shares of the company’s stock valued at $7,705,000 after buying an additional 14,161 shares during the period. Pathstone Holdings LLC lifted its position in Fidelity Enhanced Mid Cap ETF by 3.7% in the third quarter. Pathstone Holdings LLC now owns 188,244 shares of the company’s stock valued at $6,054,000 after buying an additional 6,638 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in Fidelity Enhanced Mid Cap ETF by 1.2% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 129,137 shares of the company’s stock worth $3,803,000 after buying an additional 1,540 shares during the period.

Fidelity Enhanced Mid Cap ETF Stock Performance

Fidelity Enhanced Mid Cap ETF stock opened at $34.97 on Friday. The company’s 50 day simple moving average is $32.76 and its 200-day simple moving average is $30.94. Fidelity Enhanced Mid Cap ETF has a 1 year low of $24.98 and a 1 year high of $34.99. The company has a market capitalization of $1.99 billion, a price-to-earnings ratio of 19.53 and a beta of 0.93.

Fidelity Enhanced Mid Cap ETF 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.