Bleakley Financial Group LLC Buys Shares of 21,375 Fidelity Enhanced Mid Cap ETF $FMDE

Bleakley Financial Group LLC acquired a new stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 21,375 shares of the company’s stock, valued at approximately $769,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Geneos Wealth Management Inc. boosted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 15.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 2,450 shares of the company’s stock valued at $84,000 after acquiring an additional 331 shares during the last quarter. Evergreen Private Wealth LLC raised its holdings in shares of Fidelity Enhanced Mid Cap ETF by 1.9% during the fourth quarter. Evergreen Private Wealth LLC now owns 28,986 shares of the company’s stock worth $1,055,000 after purchasing an additional 544 shares during the last quarter. CreativeOne Wealth LLC lifted its position in Fidelity Enhanced Mid Cap ETF by 6.0% during the fourth quarter. CreativeOne Wealth LLC now owns 11,446 shares of the company’s stock valued at $416,000 after purchasing an additional 651 shares during the period. Creative Planning lifted its position in Fidelity Enhanced Mid Cap ETF by 3.7% during the third quarter. Creative Planning now owns 18,243 shares of the company’s stock valued at $660,000 after purchasing an additional 655 shares during the period. Finally, Anchor Investment Management LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF in the fourth quarter valued at $30,000.

Fidelity Enhanced Mid Cap ETF Stock Performance

NYSEARCA FMDE opened at $40.42 on Friday. The firm has a market capitalization of $7.48 billion, a P/E ratio of 20.20 and a beta of 0.91. The stock has a 50-day simple moving average of $39.81 and a two-hundred day simple moving average of $38.14. Fidelity Enhanced Mid Cap ETF has a fifty-two week low of $34.06 and a fifty-two week high of $40.86.

Fidelity Enhanced Mid Cap ETF 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.