Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE – Get Free Report) shares saw an uptick in trading volume on Tuesday . 1,656,401 shares were traded during trading, an increase of 191% from the previous session’s volume of 568,276 shares.The stock last traded at $32.16 and had previously closed at $32.62.
Fidelity Enhanced Mid Cap ETF Price Performance
The business’s fifty day moving average price is $33.74 and its 200-day moving average price is $33.09. The stock has a market capitalization of $1.82 billion, a price-to-earnings ratio of 19.53 and a beta of 0.93.
Institutional Trading of Fidelity Enhanced Mid Cap ETF
Several institutional investors and hedge funds have recently modified their holdings of FMDE. Pathstone Holdings LLC boosted its holdings in Fidelity Enhanced Mid Cap ETF by 3.7% during the third quarter. Pathstone Holdings LLC now owns 188,244 shares of the company’s stock worth $6,054,000 after purchasing an additional 6,638 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Fidelity Enhanced Mid Cap ETF by 20,732.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 209,570 shares of the company’s stock worth $6,740,000 after buying an additional 208,564 shares during the last quarter. Prospera Financial Services Inc purchased a new position in shares of Fidelity Enhanced Mid Cap ETF in the 3rd quarter worth approximately $215,000. HighTower Advisors LLC grew its holdings in shares of Fidelity Enhanced Mid Cap ETF by 118.8% in the third quarter. HighTower Advisors LLC now owns 22,749 shares of the company’s stock valued at $732,000 after acquiring an additional 12,351 shares in the last quarter. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF during the fourth quarter valued at approximately $70,000.
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.
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