Nwam LLC Makes New Investment in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Nwam LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 21,630 shares of the company’s stock, valued at approximately $696,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of FMDE. Peoples Bank KS acquired a new stake in Fidelity Enhanced Mid Cap ETF in the third quarter valued at approximately $30,000. Ashton Thomas Private Wealth LLC purchased a new position in Fidelity Enhanced Mid Cap ETF during the 2nd quarter worth $55,000. Anfield Capital Management LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF in the second quarter valued at about $116,000. Prospera Financial Services Inc acquired a new stake in Fidelity Enhanced Mid Cap ETF in the third quarter worth about $215,000. Finally, Cetera Advisors LLC purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF during the first quarter worth about $224,000.

Fidelity Enhanced Mid Cap ETF Stock Up 1.2 %

Shares of Fidelity Enhanced Mid Cap ETF stock opened at $34.97 on Friday. The firm has a market capitalization of $1.99 billion, a P/E ratio of 19.53 and a beta of 0.93. The company has a 50 day moving average price of $32.76 and a 200 day moving average price of $30.94. Fidelity Enhanced Mid Cap ETF has a 52 week low of $24.98 and a 52 week high of $34.99.

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.