Stratos Investment Management LLC Purchases 69,285 Shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE)

Stratos Investment Management LLC increased its position in shares of Fidelity Enhanced Mid Cap ETF (NYSEARCA:FMDE) by 28.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 308,853 shares of the company’s stock after purchasing an additional 69,285 shares during the period. Stratos Investment Management LLC’s holdings in Fidelity Enhanced Mid Cap ETF were worth $10,146,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. FMR LLC raised its holdings in shares of Fidelity Enhanced Mid Cap ETF by 51.7% in the 3rd quarter. FMR LLC now owns 6,556,111 shares of the company’s stock valued at $210,845,000 after purchasing an additional 2,232,966 shares in the last quarter. Redhawk Wealth Advisors Inc. bought a new position in Fidelity Enhanced Mid Cap ETF in the fourth quarter worth approximately $13,331,000. JPMorgan Chase & Co. lifted its holdings in Fidelity Enhanced Mid Cap ETF by 20,732.0% during the third quarter. JPMorgan Chase & Co. now owns 209,570 shares of the company’s stock worth $6,740,000 after buying an additional 208,564 shares during the period. KFG Wealth Management LLC boosted its position in Fidelity Enhanced Mid Cap ETF by 29.1% during the 4th quarter. KFG Wealth Management LLC now owns 423,550 shares of the company’s stock valued at $13,914,000 after acquiring an additional 95,568 shares in the last quarter. Finally, FMA Wealth Management LLC purchased a new position in shares of Fidelity Enhanced Mid Cap ETF in the 3rd quarter valued at $2,807,000.

Fidelity Enhanced Mid Cap ETF Trading Up 0.3 %

FMDE opened at $34.24 on Wednesday. The firm has a market cap of $1.95 billion, a price-to-earnings ratio of 19.53 and a beta of 0.93. Fidelity Enhanced Mid Cap ETF has a 12 month low of $27.42 and a 12 month high of $35.44. The stock has a fifty day moving average price of $33.98 and a 200-day moving average price of $32.55.

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.