Commonwealth Equity Services LLC Purchases 4,887,038 Shares of Fidelity Enhanced Mid Cap ETF $FMDE

Commonwealth Equity Services LLC acquired a new position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) in the third quarter, HoldingsChannel.com reports. The firm acquired 4,887,038 shares of the company’s stock, valued at approximately $197,339,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pension & Wealth Management Advisors Inc. increased its holdings in shares of Fidelity Enhanced Mid Cap ETF by 33.8% in the third quarter. Pension & Wealth Management Advisors Inc. now owns 1,101 shares of the company’s stock valued at $44,000 after purchasing an additional 278 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its stake in shares of Fidelity Enhanced Mid Cap ETF by 0.5% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 55,911 shares of the company’s stock worth $2,269,000 after buying an additional 285 shares during the last quarter. Greatmark Investment Partners Inc. lifted its stake in shares of Fidelity Enhanced Mid Cap ETF by 0.4% during the 3rd quarter. Greatmark Investment Partners Inc. now owns 105,580 shares of the company’s stock worth $4,263,000 after buying an additional 450 shares during the last quarter. Cornerstone Planning Group LLC boosted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 70.1% during the 1st quarter. Cornerstone Planning Group LLC now owns 1,102 shares of the company’s stock worth $43,000 after buying an additional 454 shares during the period. Finally, Herbst Group LLC boosted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 6.7% during the 2nd quarter. Herbst Group LLC now owns 8,000 shares of the company’s stock worth $325,000 after buying an additional 500 shares during the period.

Fidelity Enhanced Mid Cap ETF Stock Performance

Shares of FMDE opened at $40.66 on Friday. The firm has a market cap of $8.39 billion, a P/E ratio of 18.66 and a beta of 0.93. Fidelity Enhanced Mid Cap ETF has a 52 week low of $34.33 and a 52 week high of $42.97. The firm’s 50-day simple moving average is $41.35 and its 200 day simple moving average is $39.51.

Fidelity Enhanced Mid Cap ETF 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.