Demars Financial Group LLC Purchases New Shares in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Demars Financial Group LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 22,453 shares of the company’s stock, valued at approximately $613,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. HBC Financial Services PLLC acquired a new stake in Fidelity Enhanced Mid Cap ETF in the fourth quarter valued at about $146,000. AdvisorNet Financial Inc purchased a new stake in Fidelity Enhanced Mid Cap ETF in the 4th quarter valued at approximately $203,000. Breakwater Capital Group purchased a new stake in Fidelity Enhanced Mid Cap ETF in the 4th quarter valued at approximately $329,000. Traynor Capital Management Inc. purchased a new stake in Fidelity Enhanced Mid Cap ETF in the 4th quarter valued at approximately $1,408,000. Finally, UMB Bank n.a. purchased a new stake in Fidelity Enhanced Mid Cap ETF in the 4th quarter valued at approximately $38,000.

Fidelity Enhanced Mid Cap ETF Price Performance

Shares of FMDE opened at $29.13 on Wednesday. Fidelity Enhanced Mid Cap ETF has a twelve month low of $24.82 and a twelve month high of $30.63. The firm has a 50 day simple moving average of $29.45. The stock has a market cap of $1.63 billion, a price-to-earnings ratio of 19.92 and a beta of 0.87.

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.