Geneva Partners LLC Purchases New Position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Geneva Partners LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,618 shares of the company’s stock, valued at approximately $382,000.

A number of other hedge funds have also modified their holdings of the business. Truist Financial Corp lifted its holdings in Fidelity Enhanced Mid Cap ETF by 12.6% during the 2nd quarter. Truist Financial Corp now owns 14,901 shares of the company’s stock worth $439,000 after buying an additional 1,663 shares in the last quarter. LongView Wealth Management raised its stake in shares of Fidelity Enhanced Mid Cap ETF by 6.9% during the 3rd quarter. LongView Wealth Management now owns 73,044 shares of the company’s stock worth $2,349,000 after buying an additional 4,727 shares in the last quarter. FMA Wealth Management LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF during the third quarter worth about $2,807,000. Lynch & Associates IN grew its stake in Fidelity Enhanced Mid Cap ETF by 35.4% in the 3rd quarter. Lynch & Associates IN now owns 15,305 shares of the company’s stock valued at $492,000 after acquiring an additional 4,001 shares during the last quarter. Finally, OmniStar Financial Group Inc. increased its position in Fidelity Enhanced Mid Cap ETF by 10.6% during the third quarter. OmniStar Financial Group Inc. now owns 35,375 shares of the company’s stock worth $1,141,000 after buying an additional 3,395 shares in the last quarter.

Fidelity Enhanced Mid Cap ETF Trading Up 0.8 %

Shares of NYSEARCA:FMDE opened at $34.50 on Thursday. Fidelity Enhanced Mid Cap ETF has a 12-month low of $27.60 and a 12-month high of $35.44. The stock’s 50-day moving average price is $33.98 and its two-hundred day moving average price is $32.55. The firm has a market cap of $1.96 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.