Janney Montgomery Scott LLC Trims Stock Position in Fidelity Enhanced Mid Cap ETF $FMDE

Janney Montgomery Scott LLC reduced its position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 33.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 45,141 shares of the company’s stock after selling 22,534 shares during the period. Janney Montgomery Scott LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $1,623,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Northwestern Mutual Wealth Management Co. grew its position in Fidelity Enhanced Mid Cap ETF by 170.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 18,829,902 shares of the company’s stock valued at $685,032,000 after buying an additional 11,869,760 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Fidelity Enhanced Mid Cap ETF by 12,968.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,544,393 shares of the company’s stock worth $79,741,000 after buying an additional 2,524,924 shares during the last quarter. Thrivent Financial for Lutherans acquired a new stake in shares of Fidelity Enhanced Mid Cap ETF in the 4th quarter worth $84,551,000. Ameriprise Financial Inc. lifted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 8,528.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,022,442 shares of the company’s stock valued at $73,118,000 after buying an additional 1,999,003 shares during the period. Finally, Wells Fargo & Company MN grew its holdings in shares of Fidelity Enhanced Mid Cap ETF by 90.2% in the 4th quarter. Wells Fargo & Company MN now owns 3,432,732 shares of the company’s stock worth $124,883,000 after acquiring an additional 1,627,937 shares during the period.

Fidelity Enhanced Mid Cap ETF Stock Up 0.1%

FMDE stock opened at $40.58 on Friday. The business has a fifty day simple moving average of $39.64 and a 200-day simple moving average of $38.01. The company has a market cap of $7.57 billion, a price-to-earnings ratio of 20.20 and a beta of 0.91. Fidelity Enhanced Mid Cap ETF has a 52 week low of $33.92 and a 52 week high of $40.86.

About Fidelity Enhanced Mid Cap ETF

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.