HighTower Advisors LLC Grows Holdings in Fidelity Enhanced Mid Cap ETF $FMDE

HighTower Advisors LLC raised its position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 109.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 144,425 shares of the company’s stock after buying an additional 75,579 shares during the period. HighTower Advisors LLC owned about 0.11% of Fidelity Enhanced Mid Cap ETF worth $5,254,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. AE Wealth Management LLC increased its stake in shares of Fidelity Enhanced Mid Cap ETF by 632.9% during the third quarter. AE Wealth Management LLC now owns 1,026 shares of the company’s stock worth $37,000 after purchasing an additional 886 shares in the last quarter. Clear Investment Research LLC increased its stake in shares of Fidelity Enhanced Mid Cap ETF by 209.6% during the third quarter. Clear Investment Research LLC now owns 1,288 shares of the company’s stock worth $47,000 after purchasing an additional 872 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF during the third quarter worth about $75,000. Geneos Wealth Management Inc. increased its stake in shares of Fidelity Enhanced Mid Cap ETF by 15.6% during the second quarter. Geneos Wealth Management Inc. now owns 2,450 shares of the company’s stock worth $84,000 after purchasing an additional 331 shares in the last quarter. Finally, Wealth Watch Advisors INC purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF during the third quarter worth about $98,000.

Fidelity Enhanced Mid Cap ETF Stock Up 0.5%

FMDE stock opened at $39.61 on Friday. The stock has a market capitalization of $6.68 billion, a P/E ratio of 20.20 and a beta of 0.96. The firm has a 50-day simple moving average of $37.72 and a 200-day simple moving average of $37.13. Fidelity Enhanced Mid Cap ETF has a 52 week low of $32.83 and a 52 week high of $39.75.

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.