Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) is Parkside Investments LLC’s 9th Largest Position

Parkside Investments LLC raised its stake in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 15.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 410,323 shares of the company’s stock after purchasing an additional 54,613 shares during the quarter. Fidelity Enhanced Mid Cap ETF makes up about 2.0% of Parkside Investments LLC’s holdings, making the stock its 9th biggest holding. Parkside Investments LLC owned about 0.72% of Fidelity Enhanced Mid Cap ETF worth $13,479,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in FMDE. Peoples Bank KS purchased a new position in shares of Fidelity Enhanced Mid Cap ETF in the 3rd quarter valued at approximately $30,000. Geneos Wealth Management Inc. purchased a new position in Fidelity Enhanced Mid Cap ETF during the fourth quarter valued at $70,000. Prospera Financial Services Inc purchased a new position in Fidelity Enhanced Mid Cap ETF during the third quarter valued at $215,000. Benin Management CORP bought a new stake in shares of Fidelity Enhanced Mid Cap ETF during the 4th quarter valued at $330,000. Finally, Truist Financial Corp grew its position in shares of Fidelity Enhanced Mid Cap ETF by 12.6% in the 2nd quarter. Truist Financial Corp now owns 14,901 shares of the company’s stock worth $439,000 after buying an additional 1,663 shares during the period.

Fidelity Enhanced Mid Cap ETF Price Performance

Shares of NYSEARCA FMDE opened at $34.53 on Monday. Fidelity Enhanced Mid Cap ETF has a 1 year low of $27.18 and a 1 year high of $35.44. The firm has a 50-day moving average of $34.01 and a 200 day moving average of $32.35. The stock has a market cap of $1.97 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.