Cambridge Investment Research Advisors Inc. Raises Stock Position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Cambridge Investment Research Advisors Inc. lifted its holdings in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 1.2% in the second quarter, Holdings Channel reports. The fund owned 129,137 shares of the company’s stock after purchasing an additional 1,540 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Fidelity Enhanced Mid Cap ETF were worth $3,803,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWM LLC purchased a new stake in Fidelity Enhanced Mid Cap ETF during the first quarter valued at approximately $37,000. Salomon & Ludwin LLC bought a new stake in Fidelity Enhanced Mid Cap ETF in the first quarter worth $46,000. Smithfield Trust Co purchased a new position in Fidelity Enhanced Mid Cap ETF during the fourth quarter worth $86,000. JFS Wealth Advisors LLC bought a new position in Fidelity Enhanced Mid Cap ETF during the fourth quarter valued at $104,000. Finally, Sound Income Strategies LLC purchased a new stake in shares of Fidelity Enhanced Mid Cap ETF in the first quarter valued at $202,000.

Fidelity Enhanced Mid Cap ETF Trading Up 0.7 %

Fidelity Enhanced Mid Cap ETF stock opened at $31.49 on Friday. The firm has a market capitalization of $1.79 billion, a PE ratio of 19.53 and a beta of 0.93. Fidelity Enhanced Mid Cap ETF has a 12-month low of $24.82 and a 12-month high of $31.50. The firm has a 50-day moving average price of $30.03 and a 200-day moving average price of $29.67.

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.