Northwestern Mutual Wealth Management Co. Has $205,000 Stock Position in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Northwestern Mutual Wealth Management Co. lessened its holdings in Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 4.9% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,954 shares of the company’s stock after selling 362 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Fidelity Enhanced Mid Cap ETF were worth $205,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Twin Focus Capital Partners LLC bought a new stake in shares of Fidelity Enhanced Mid Cap ETF during the 4th quarter valued at $450,000. PNC Financial Services Group Inc. acquired a new position in shares of Fidelity Enhanced Mid Cap ETF in the 4th quarter valued at approximately $270,000. CWM LLC acquired a new position in shares of Fidelity Enhanced Mid Cap ETF in the 1st quarter valued at approximately $37,000. Lynch & Associates IN lifted its holdings in shares of Fidelity Enhanced Mid Cap ETF by 19.7% during the 1st quarter. Lynch & Associates IN now owns 9,095 shares of the company’s stock worth $278,000 after acquiring an additional 1,495 shares during the period. Finally, AdvisorNet Financial Inc boosted its position in shares of Fidelity Enhanced Mid Cap ETF by 5.4% during the 1st quarter. AdvisorNet Financial Inc now owns 7,857 shares of the company’s stock worth $240,000 after acquiring an additional 405 shares in the last quarter.

Fidelity Enhanced Mid Cap ETF Price Performance

Shares of FMDE opened at $32.13 on Friday. The firm has a 50 day simple moving average of $30.98 and a two-hundred day simple moving average of $30.14. Fidelity Enhanced Mid Cap ETF has a one year low of $24.82 and a one year high of $32.31. The company has a market cap of $1.83 billion, a P/E ratio of 19.53 and a beta of 0.93.

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.