LPL Financial LLC Purchases 1,090,826 Shares of Fidelity Enhanced Mid Cap ETF $FMDE

LPL Financial LLC raised its position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 28.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,947,566 shares of the company’s stock after acquiring an additional 1,090,826 shares during the period. LPL Financial LLC owned approximately 3.61% of Fidelity Enhanced Mid Cap ETF worth $179,992,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of FMDE. AE Wealth Management LLC increased its position in Fidelity Enhanced Mid Cap ETF by 632.9% during the third quarter. AE Wealth Management LLC now owns 1,026 shares of the company’s stock valued at $37,000 after acquiring an additional 886 shares during the last quarter. Clear Investment Research LLC increased its position in Fidelity Enhanced Mid Cap ETF by 209.6% during the third quarter. Clear Investment Research LLC now owns 1,288 shares of the company’s stock valued at $47,000 after acquiring an additional 872 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the third quarter worth about $75,000. Geneos Wealth Management Inc. grew its holdings in shares of Fidelity Enhanced Mid Cap ETF by 15.6% in the second quarter. Geneos Wealth Management Inc. now owns 2,450 shares of the company’s stock worth $84,000 after purchasing an additional 331 shares during the last quarter. Finally, Wealth Watch Advisors INC bought a new position in shares of Fidelity Enhanced Mid Cap ETF in the third quarter worth about $98,000.

Fidelity Enhanced Mid Cap ETF Trading Up 0.5%

NYSEARCA FMDE opened at $39.46 on Wednesday. The company’s 50-day moving average price is $38.35 and its 200-day moving average price is $37.37. The stock has a market cap of $6.66 billion, a PE ratio of 20.20 and a beta of 0.94. Fidelity Enhanced Mid Cap ETF has a 12 month low of $33.12 and a 12 month high of $40.24.

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.