Fidelity Enhanced Mid Cap ETF $FMDE Shares Bought by Serenity Investment Advisors

Serenity Investment Advisors increased its position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 7.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 307,968 shares of the company’s stock after buying an additional 21,912 shares during the period. Fidelity Enhanced Mid Cap ETF accounts for approximately 5.5% of Serenity Investment Advisors’ investment portfolio, making the stock its 5th biggest position. Serenity Investment Advisors’ holdings in Fidelity Enhanced Mid Cap ETF were worth $12,962,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wealthcare Advisory Partners LLC grew its position in shares of Fidelity Enhanced Mid Cap ETF by 0.5% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 55,911 shares of the company’s stock valued at $2,269,000 after acquiring an additional 285 shares during the period. Geneos Wealth Management Inc. raised 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 purchasing an additional 331 shares during the period. Cornerstone Planning Group LLC raised its holdings in shares of Fidelity Enhanced Mid Cap ETF by 70.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 1,102 shares of the company’s stock valued at $43,000 after purchasing an additional 454 shares during the period. Herbst Group LLC lifted its stake in Fidelity Enhanced Mid Cap ETF by 6.7% in the 2nd quarter. Herbst Group LLC now owns 8,000 shares of the company’s stock valued at $325,000 after purchasing an additional 500 shares during the last quarter. Finally, Evergreen Private Wealth LLC lifted its stake in Fidelity Enhanced Mid Cap ETF by 2.0% in the 1st quarter. Evergreen Private Wealth LLC now owns 29,558 shares of the company’s stock valued at $1,063,000 after purchasing an additional 572 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Stock Performance

Fidelity Enhanced Mid Cap ETF stock opened at $42.13 on Monday. The stock has a 50-day simple moving average of $41.42 and a 200 day simple moving average of $39.27. The stock has a market capitalization of $7.97 billion, a P/E ratio of 20.20 and a beta of 0.91. Fidelity Enhanced Mid Cap ETF has a 52 week low of $34.33 and a 52 week high of $42.97.

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.