Flynn Zito Capital Management LLC Takes Position in Fidelity Enhanced Mid Cap ETF $FMDE

Flynn Zito Capital Management LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 61,316 shares of the company’s stock, valued at approximately $2,205,000.

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

Fidelity Enhanced Mid Cap ETF Stock Up 0.2%

NYSEARCA FMDE opened at $40.57 on Wednesday. The company has a market capitalization of $7.50 billion, a price-to-earnings ratio of 20.20 and a beta of 0.91. Fidelity Enhanced Mid Cap ETF has a twelve month low of $33.92 and a twelve month high of $40.86. The stock has a fifty day simple moving average of $39.71 and a 200 day simple moving average of $38.07.

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.