Virtu Financial LLC bought a new position in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 35,076 shares of the company’s stock, valued at approximately $1,083,000.
Other hedge funds also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans acquired a new stake in Fidelity Emerging Markets Multifactor ETF in the fourth quarter worth about $44,762,000. Osaic Holdings Inc. raised its position in shares of Fidelity Emerging Markets Multifactor ETF by 298.3% in the 4th quarter. Osaic Holdings Inc. now owns 422,739 shares of the company’s stock valued at $13,059,000 after purchasing an additional 316,594 shares during the last quarter. Storgate LLC acquired a new stake in Fidelity Emerging Markets Multifactor ETF in the 4th quarter worth approximately $9,421,000. Salus Financial Advisors LLC boosted its stake in Fidelity Emerging Markets Multifactor ETF by 0.5% in the 4th quarter. Salus Financial Advisors LLC now owns 283,475 shares of the company’s stock worth $8,754,000 after purchasing an additional 1,374 shares in the last quarter. Finally, MAI Capital Management purchased a new stake in Fidelity Emerging Markets Multifactor ETF during the 3rd quarter worth approximately $8,017,000.
Fidelity Emerging Markets Multifactor ETF Stock Performance
Shares of Fidelity Emerging Markets Multifactor ETF stock opened at $37.62 on Monday. The firm’s 50 day simple moving average is $35.89 and its two-hundred day simple moving average is $33.59. The firm has a market capitalization of $248.29 million, a price-to-earnings ratio of 11.96 and a beta of 0.54. Fidelity Emerging Markets Multifactor ETF has a 12-month low of $26.83 and a 12-month high of $38.32.
Fidelity Emerging Markets Multifactor ETF Profile
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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