Fmr LLC boosted its position in Fidelity Emerging Markets Multifactor ETF (BATS:FDEM – Free Report) by 151.8% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 1,108 shares of the company’s stock after purchasing an additional 668 shares during the period. Fmr LLC’s holdings in Fidelity Emerging Markets Multifactor ETF were worth $30,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently bought and sold shares of the business. Larson Financial Group LLC bought a new stake in Fidelity Emerging Markets Multifactor ETF in the 3rd quarter valued at $26,000. Farther Finance Advisors LLC increased its holdings in shares of Fidelity Emerging Markets Multifactor ETF by 491.0% in the second quarter. Farther Finance Advisors LLC now owns 10,023 shares of the company’s stock valued at $257,000 after purchasing an additional 8,327 shares during the last quarter. Birchcreek Wealth Management LLC acquired a new position in shares of Fidelity Emerging Markets Multifactor ETF in the second quarter valued at $349,000. McAdam LLC bought a new position in shares of Fidelity Emerging Markets Multifactor ETF in the third quarter valued at about $908,000. Finally, Merkkuri Wealth Advisors LLC lifted its stake in shares of Fidelity Emerging Markets Multifactor ETF by 14.2% during the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 61,031 shares of the company’s stock worth $1,651,000 after buying an additional 7,571 shares during the last quarter.
Fidelity Emerging Markets Multifactor ETF Price Performance
Shares of FDEM stock opened at $25.65 on Thursday. The stock’s 50-day moving average is $26.10 and its 200 day moving average is $26.06. The firm has a market capitalization of $61.56 million, a P/E ratio of 8.18 and a beta of 0.68.
About Fidelity Emerging Markets Multifactor ETF
The Fidelity Emerging Markets Multifactor ETF (FDEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factored index of emerging markets companies. FDEM was launched on Feb 26, 2019 and is managed by Fidelity.
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