Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) Shares Acquired by Lynch & Associates IN

Lynch & Associates IN increased its position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 13.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,345 shares of the company’s stock after acquiring an additional 2,040 shares during the period. Lynch & Associates IN’s holdings in Fidelity Enhanced Mid Cap ETF were worth $570,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of FMDE. FMR LLC increased its stake in Fidelity Enhanced Mid Cap ETF by 51.7% during the third quarter. FMR LLC now owns 6,556,111 shares of the company’s stock worth $210,845,000 after purchasing an additional 2,232,966 shares during the period. Stratos Investment Management LLC increased its holdings in Fidelity Enhanced Mid Cap ETF by 6.3% in the third 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 last quarter. JPMorgan Chase & Co. increased its holdings 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 valued at $6,740,000 after acquiring an additional 208,564 shares during the last quarter. Pathstone Holdings LLC raised 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 in the last quarter. Finally, FMA Wealth Management LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF in the third quarter valued at $2,807,000.

Fidelity Enhanced Mid Cap ETF Stock Down 1.5 %

FMDE traded down $0.49 during trading on Friday, hitting $32.66. 350,357 shares of the stock were exchanged, compared to its average volume of 1,273,576. The firm has a market capitalization of $1.86 billion, a P/E ratio of 19.53 and a beta of 0.93. The stock has a fifty day moving average price of $33.98 and a two-hundred day moving average price of $31.96. Fidelity Enhanced Mid Cap ETF has a 1-year low of $26.69 and a 1-year high of $35.44.

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.