Fifth Third Bancorp Grows Stake in Fidelity Enhanced Mid Cap ETF $FMDE

Fifth Third Bancorp raised its position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 105,968.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 77,430 shares of the company’s stock after purchasing an additional 77,357 shares during the period. Fifth Third Bancorp’s holdings in Fidelity Enhanced Mid Cap ETF were worth $2,784,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of Fidelity Enhanced Mid Cap ETF by 170.5% in the fourth 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 period. LPL Financial LLC raised its stake in Fidelity Enhanced Mid Cap ETF by 28.3% in the 4th quarter. LPL Financial LLC now owns 4,947,566 shares of the company’s stock valued at $179,992,000 after acquiring an additional 1,090,826 shares during the period. Wells Fargo & Company MN raised its stake in 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 valued at $124,883,000 after acquiring an additional 1,627,937 shares during the period. Huntington National Bank lifted its holdings in Fidelity Enhanced Mid Cap ETF by 6.4% during the fourth quarter. Huntington National Bank now owns 2,878,740 shares of the company’s stock valued at $104,729,000 after purchasing an additional 173,185 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in 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 purchasing an additional 2,524,924 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Stock Down 0.4%

NYSEARCA FMDE opened at $40.27 on Tuesday. The company’s 50 day moving average is $39.84 and its 200-day moving average is $38.17. Fidelity Enhanced Mid Cap ETF has a 12-month low of $34.06 and a 12-month high of $40.86. The firm has a market cap of $7.47 billion, a P/E ratio of 20.20 and a beta of 0.91.

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.