TBH Global Asset Management LLC Invests $1.99 Million in Fidelity Enhanced Mid Cap ETF $FMDE

TBH Global Asset Management LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 55,134 shares of the company’s stock, valued at approximately $1,993,000. TBH Global Asset Management LLC owned about 0.05% of Fidelity Enhanced Mid Cap ETF at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. CWM LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF in the 2nd quarter valued at about $31,000. Holos Integrated Wealth LLC acquired a new position in shares of Fidelity Enhanced Mid Cap ETF in the second quarter valued at approximately $42,000. Atlantic Union Bankshares Corp acquired a new position in Fidelity Enhanced Mid Cap ETF in the 2nd quarter valued at $44,000. Farther Finance Advisors LLC increased its stake in Fidelity Enhanced Mid Cap ETF by 4,160.9% in the third quarter. Farther Finance Advisors LLC now owns 1,960 shares of the company’s stock valued at $71,000 after purchasing an additional 1,914 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 15.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 2,450 shares of the company’s stock worth $84,000 after acquiring an additional 331 shares during the period.

Fidelity Enhanced Mid Cap ETF Stock Performance

FMDE opened at $36.69 on Wednesday. Fidelity Enhanced Mid Cap ETF has a 1 year low of $26.93 and a 1 year high of $37.20. The company’s 50 day simple moving average is $36.06 and its 200 day simple moving average is $35.54. The stock has a market capitalization of $4.16 billion, a PE ratio of 20.20 and a beta of 1.13.

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.