Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) Shares Sold by Demars Financial Group LLC

Demars Financial Group LLC decreased its stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 6.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,397 shares of the company’s stock after selling 1,241 shares during the period. Demars Financial Group LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $571,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. CWM LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the first quarter valued at approximately $37,000. Salomon & Ludwin LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF in the first quarter worth approximately $46,000. Smithfield Trust Co acquired a new stake in Fidelity Enhanced Mid Cap ETF in the fourth quarter worth approximately $86,000. JFS Wealth Advisors LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF in the fourth quarter worth approximately $104,000. Finally, International Assets Investment Management LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF in the fourth quarter worth approximately $112,000.

Fidelity Enhanced Mid Cap ETF Stock Up 0.3 %

FMDE traded up $0.09 during trading on Friday, reaching $30.41. The stock had a trading volume of 47,318 shares, compared to its average volume of 109,603. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of 19.53 and a beta of 0.93. Fidelity Enhanced Mid Cap ETF has a 1-year low of $24.82 and a 1-year high of $30.94. The stock has a 50 day moving average of $29.72 and a two-hundred day moving average of $29.48.

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.