22,039 Shares in Fidelity Emerging Markets Multifactor ETF $FDEM Acquired by Savvy Advisors Inc.

Savvy Advisors Inc. acquired a new stake in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 22,039 shares of the company’s stock, valued at approximately $681,000. Savvy Advisors Inc. owned approximately 0.33% of Fidelity Emerging Markets Multifactor ETF as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Cassilly Financial Group LLC bought a new position in shares of Fidelity Emerging Markets Multifactor ETF during the 4th quarter valued at $694,000. Cyndeo Wealth Partners LLC bought a new stake in Fidelity Emerging Markets Multifactor ETF in the fourth quarter worth $354,000. Commons Capital LLC bought a new stake in Fidelity Emerging Markets Multifactor ETF in the fourth quarter worth $302,000. JPMorgan Chase & Co. increased its position in Fidelity Emerging Markets Multifactor ETF by 47.7% during the third quarter. JPMorgan Chase & Co. now owns 58,535 shares of the company’s stock worth $1,761,000 after buying an additional 18,894 shares during the last quarter. Finally, Sunbelt Securities Inc. increased its position in Fidelity Emerging Markets Multifactor ETF by 11.2% during the third quarter. Sunbelt Securities Inc. now owns 110,383 shares of the company’s stock worth $3,320,000 after buying an additional 11,133 shares during the last quarter.

Fidelity Emerging Markets Multifactor ETF Price Performance

BATS FDEM opened at $32.02 on Wednesday. Fidelity Emerging Markets Multifactor ETF has a fifty-two week low of $22.63 and a fifty-two week high of $35.50. The stock’s 50-day moving average is $33.05 and its two-hundred day moving average is $31.67. The firm has a market cap of $211.33 million, a P/E ratio of 11.96 and a beta of 0.54.

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.