Fidelity Enhanced Mid Cap ETF $FMDE is Base Wealth Management LLC’s 8th Largest Position

Base Wealth Management LLC raised its holdings in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 30.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 219,777 shares of the company’s stock after buying an additional 51,903 shares during the quarter. Fidelity Enhanced Mid Cap ETF comprises 4.4% of Base Wealth Management LLC’s investment portfolio, making the stock its 8th largest position. Base Wealth Management LLC owned approximately 0.13% of Fidelity Enhanced Mid Cap ETF worth $7,903,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Park Avenue Securities LLC increased its position in Fidelity Enhanced Mid Cap ETF by 232.3% during the 4th quarter. Park Avenue Securities LLC now owns 95,201 shares of the company’s stock valued at $3,463,000 after purchasing an additional 66,555 shares during the period. Cassilly Financial Group LLC purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF in the 4th quarter worth about $2,141,000. Savvy Advisors Inc. lifted its position in shares of Fidelity Enhanced Mid Cap ETF by 113.7% in the 4th quarter. Savvy Advisors Inc. now owns 41,775 shares of the company’s stock worth $1,520,000 after purchasing an additional 22,222 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Fidelity Enhanced Mid Cap ETF by 10.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 255,162 shares of the company’s stock valued at $9,224,000 after purchasing an additional 23,896 shares in the last quarter. Finally, Investment Advisory Services Inc. TX ADV boosted its stake in shares of Fidelity Enhanced Mid Cap ETF by 70.6% during the 1st quarter. Investment Advisory Services Inc. TX ADV now owns 74,407 shares of the company’s stock valued at $2,676,000 after purchasing an additional 30,786 shares in the last quarter.

Fidelity Enhanced Mid Cap ETF Price Performance

Shares of NYSEARCA FMDE opened at $40.11 on Thursday. Fidelity Enhanced Mid Cap ETF has a 1 year low of $33.92 and a 1 year high of $40.86. The stock has a market capitalization of $7.48 billion, a P/E ratio of 20.20 and a beta of 0.91. The company’s 50-day moving average is $39.53 and its 200 day moving average is $37.96.

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.