Fifth Third Securities Inc. Sells 1,168 Shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Fifth Third Securities Inc. reduced its position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 2.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,276 shares of the company’s stock after selling 1,168 shares during the period. Fifth Third Securities Inc. owned approximately 0.07% of Fidelity Enhanced Mid Cap ETF worth $1,323,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Peoples Bank KS purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF in the third quarter worth approximately $30,000. Geneos Wealth Management Inc. purchased a new stake in Fidelity Enhanced Mid Cap ETF in the 4th quarter valued at $70,000. Prospera Financial Services Inc bought a new position in Fidelity Enhanced Mid Cap ETF during the 3rd quarter valued at $215,000. Benin Management CORP purchased a new position in Fidelity Enhanced Mid Cap ETF during the 4th quarter worth $330,000. Finally, Truist Financial Corp grew its stake in shares of Fidelity Enhanced Mid Cap ETF by 12.6% in the 2nd quarter. Truist Financial Corp now owns 14,901 shares of the company’s stock worth $439,000 after acquiring an additional 1,663 shares in the last quarter.

Fidelity Enhanced Mid Cap ETF Price Performance

FMDE opened at $34.45 on Friday. Fidelity Enhanced Mid Cap ETF has a fifty-two week low of $27.27 and a fifty-two week high of $35.44. The firm has a market capitalization of $1.96 billion, a P/E ratio of 19.53 and a beta of 0.93. The company’s 50-day moving average is $34.02 and its 200 day moving average is $32.47.

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.