Traynor Capital Management Inc. Cuts Holdings in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Traynor Capital Management Inc. decreased its position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDEFree Report) by 4.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,290 shares of the company’s stock after selling 802 shares during the quarter. Traynor Capital Management Inc.’s holdings in Fidelity Enhanced Mid Cap ETF were worth $535,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Peoples Bank KS bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the 3rd quarter valued at about $30,000. Prospera Financial Services Inc bought a new position in shares of Fidelity Enhanced Mid Cap ETF during the 3rd quarter valued at approximately $215,000. Truist Financial Corp lifted its position in Fidelity Enhanced Mid Cap ETF by 12.6% in the second quarter. Truist Financial Corp now owns 14,901 shares of the company’s stock worth $439,000 after buying an additional 1,663 shares during the last quarter. Lynch & Associates IN boosted its stake in Fidelity Enhanced Mid Cap ETF by 35.4% during the third quarter. Lynch & Associates IN now owns 15,305 shares of the company’s stock worth $492,000 after buying an additional 4,001 shares during the period. Finally, Nwam LLC bought a new position in Fidelity Enhanced Mid Cap ETF during the third quarter valued at $696,000.

Fidelity Enhanced Mid Cap ETF Trading Down 0.3 %

Fidelity Enhanced Mid Cap ETF stock opened at $34.51 on Thursday. Fidelity Enhanced Mid Cap ETF has a 12-month low of $27.18 and a 12-month high of $35.44. The firm has a 50-day moving average price of $33.98 and a 200-day moving average price of $32.24. The firm has a market capitalization of $1.96 billion, a PE ratio of 19.53 and a beta of 0.93.

About Fidelity Enhanced Mid Cap ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

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