The Fidelity Enhanced Mid Cap ETF (FMDE) experienced a significant outflow of approximately $284.8 million, representing a 3.7% decrease in shares outstanding week over week, dropping from 190.7 million to 183.6 million units. This change reflects growing investor activity in the fund’s underlying components, including L3Harris Technologies Inc (down 1.3%), Marathon Petroleum Corp. (up 0.1%), and Keysight Technologies Inc (up 3%).
As of the latest trading, FMDE’s share price is $40.60, positioned near its 52-week low of $33.92 and high of $40.86. The ETF’s performance can also be analyzed in conjunction with its 200-day moving average, providing insights into potential trading strategies.
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