Fidelity Enhanced Mid Cap ETF $FMDE Shares Sold by Provident Wealth Management LLC

Provident Wealth Management LLC decreased its holdings in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 28.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 140,948 shares of the company’s stock after selling 54,700 shares during the quarter. Fidelity Enhanced Mid Cap ETF accounts for approximately 2.1% of Provident Wealth Management LLC’s holdings, making the stock its 12th biggest position. Provident Wealth Management LLC owned approximately 0.07% of Fidelity Enhanced Mid Cap ETF worth $5,691,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of FMDE. Citadel Advisors LLC purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF during the 2nd quarter valued at about $118,748,000. Cetera Investment Advisers grew its stake in shares of Fidelity Enhanced Mid Cap ETF by 24.3% in the first quarter. Cetera Investment Advisers now owns 2,043,214 shares of the company’s stock worth $73,474,000 after acquiring an additional 398,833 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Fidelity Enhanced Mid Cap ETF by 9.5% in the second quarter. Envestnet Asset Management Inc. now owns 1,983,161 shares of the company’s stock worth $80,477,000 after acquiring an additional 171,715 shares during the period. Kestra Advisory Services LLC raised its holdings in shares of Fidelity Enhanced Mid Cap ETF by 24.7% during the first quarter. Kestra Advisory Services LLC now owns 1,901,836 shares of the company’s stock valued at $68,390,000 after purchasing an additional 376,601 shares during the last quarter. Finally, Capital Analysts LLC raised its holdings in shares of Fidelity Enhanced Mid Cap ETF by 1.3% during the second quarter. Capital Analysts LLC now owns 1,862,959 shares of the company’s stock valued at $75,598,000 after purchasing an additional 23,483 shares during the last quarter.

Fidelity Enhanced Mid Cap ETF Stock Up 1.1%

Shares of Fidelity Enhanced Mid Cap ETF stock opened at $41.51 on Wednesday. The company has a market cap of $8.44 billion, a price-to-earnings ratio of 20.20 and a beta of 0.93. The company’s 50 day moving average is $41.55 and its 200 day moving average is $40.26. Fidelity Enhanced Mid Cap ETF has a twelve month low of $34.33 and a twelve month high of $42.97.

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.