Founders Financial Alliance LLC Boosts Stock Holdings in Fidelity Enhanced Mid Cap ETF $FMDE

Founders Financial Alliance LLC boosted its stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 37.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 100,093 shares of the company’s stock after purchasing an additional 27,159 shares during the period. Founders Financial Alliance LLC owned approximately 0.07% of Fidelity Enhanced Mid Cap ETF worth $3,641,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of FMDE. Clear Investment Research LLC raised its stake in 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 during the period. Advisory Services Network LLC purchased a new position in Fidelity Enhanced Mid Cap ETF during the third quarter worth approximately $75,000. Geneos Wealth Management Inc. raised its stake in 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 during the period. Wealth Watch Advisors INC purchased a new position in Fidelity Enhanced Mid Cap ETF during the third quarter worth approximately $98,000. Finally, Holos Integrated Wealth LLC purchased a new position in Fidelity Enhanced Mid Cap ETF during the fourth quarter worth approximately $116,000.

Fidelity Enhanced Mid Cap ETF Stock Up 2.2%

Fidelity Enhanced Mid Cap ETF stock opened at $39.71 on Friday. Fidelity Enhanced Mid Cap ETF has a 52-week low of $33.12 and a 52-week high of $40.24. The firm has a fifty day moving average of $38.50 and a 200-day moving average of $37.43. The firm has a market capitalization of $6.70 billion, a P/E ratio of 20.20 and a beta of 0.94.

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.