Cambridge Investment Research Advisors Inc. Has $5.70 Million Stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Cambridge Investment Research Advisors Inc. grew its stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 19.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 181,747 shares of the company’s stock after purchasing an additional 30,165 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Fidelity Enhanced Mid Cap ETF were worth $5,696,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Proficio Capital Partners LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF in the 4th quarter worth $4,296,000. PNC Financial Services Group Inc. grew its position in Fidelity Enhanced Mid Cap ETF by 169.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,723 shares of the company’s stock worth $221,000 after purchasing an additional 4,229 shares during the last quarter. CIBC Private Wealth Group LLC grew its position in Fidelity Enhanced Mid Cap ETF by 94.2% in the 4th quarter. CIBC Private Wealth Group LLC now owns 4,485 shares of the company’s stock worth $149,000 after purchasing an additional 2,175 shares during the last quarter. Janney Montgomery Scott LLC grew its position in Fidelity Enhanced Mid Cap ETF by 30.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 58,365 shares of the company’s stock worth $1,829,000 after purchasing an additional 13,586 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in Fidelity Enhanced Mid Cap ETF in the 4th quarter worth $328,000.

Fidelity Enhanced Mid Cap ETF Price Performance

NYSEARCA FMDE opened at $34.37 on Friday. The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of 21.05 and a beta of 0.93. The company’s fifty day moving average is $32.73 and its two-hundred day moving average is $32.68. Fidelity Enhanced Mid Cap ETF has a 52-week low of $26.93 and a 52-week 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.