Veridan Wealth LLC Takes $210,000 Position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Veridan Wealth LLC acquired a new stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,140 shares of the company’s stock, valued at approximately $210,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Geneos Wealth Management Inc. bought a new position in shares of Fidelity Enhanced Mid Cap ETF during the fourth quarter valued at about $70,000. Prospera Financial Services Inc bought a new position in shares of Fidelity Enhanced Mid Cap ETF during the third quarter valued at about $215,000. Benin Management CORP bought a new position in shares of Fidelity Enhanced Mid Cap ETF during the fourth quarter valued at about $330,000. Geneva Partners LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF during the fourth quarter valued at about $382,000. Finally, Truist Financial Corp grew its stake in shares of Fidelity Enhanced Mid Cap ETF by 5.3% during the fourth quarter. Truist Financial Corp now owns 16,525 shares of the company’s stock valued at $543,000 after buying an additional 832 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Trading Down 1.1 %

Fidelity Enhanced Mid Cap ETF stock opened at $32.85 on Friday. The firm has a 50-day moving average of $33.75 and a 200-day moving average of $33.00. The firm has a market cap of $1.87 billion, a P/E ratio of 19.53 and a beta of 0.93. Fidelity Enhanced Mid Cap ETF has a 1-year low of $28.21 and a 1-year high of $35.44.

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.