U.S. market Open. Closes in 1 hour 25 minutes

FMDE | Fidelity Covington Trust | Enhanced Mid Cap ETF Overview

(Stock Exchange: AMEX)
Day's Range 30.69 - 31.50
52 Week Range 28.21 - 35.44
Beta N/A
Implied Volatility N/A
IV Rank N/A
Day's Volume 312,938
Average Volume 548,610
Shares Outstanding 91,436,628
Inception Date 2023-11-20
Assets 2,033,112,150
Asset Class Equity
Expense Ratio N/A
P/E Ratio 19.55
EPS 1.60
Dividend Yield 1.42%
Dividend Per Share 0.44
Dividend ExDate N/A
Dividend PayDate N/A
FMDE seeks capital appreciation by targeting common stocks within the Russel Midcap Index. The benchmark is a market capitalization-weighted index, specifically intended to evaluate the mid-cap sector of the US equity market. Investments may also include foreign stocks. With the aim of potentially providing a total return that surpasses that of the Index, the fund utilizes a computer-aided, quantitative analysis that evaluates historical valuation, growth, profitability, and various other factors. In addition to capital growth, the fund engages in securities lending as an income-generating strategy. FMDE converted from a mutual fund called Fidelity Mid Cap Enhanced Index Fund to an actively managed ETF structure starting with $1.33 billion in net assets.
*Chart delayed
Watching at FMDE technicals we can see that long-term trend is bearish, the same as bearish middle-term trend, as well as bearish short-term trend. More technicals details can be found on FMDE Technicals page.
An error has occurred. This application may no longer respond until reloaded. Reload 🗙