Fidelity Emerging Markets Multifactor ETF $FDEM Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its holdings in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) by 19.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 270,880 shares of the company’s stock after buying an additional 43,719 shares during the period. Kestra Advisory Services LLC’s holdings in Fidelity Emerging Markets Multifactor ETF were worth $9,627,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Commonwealth Equity Services LLC bought a new position in Fidelity Emerging Markets Multifactor ETF during the 3rd quarter valued at approximately $29,983,000. Schmidt P J Investment Management Inc. bought a new stake in Fidelity Emerging Markets Multifactor ETF in the third quarter worth $927,000. Mayfair Advisory Group LLC grew its stake in shares of Fidelity Emerging Markets Multifactor ETF by 5.0% in the third quarter. Mayfair Advisory Group LLC now owns 175,463 shares of the company’s stock worth $6,236,000 after acquiring an additional 8,313 shares during the last quarter. IFP Advisors Inc increased its stake in Fidelity Emerging Markets Multifactor ETF by 3.5% during the 3rd quarter. IFP Advisors Inc now owns 24,790 shares of the company’s stock valued at $881,000 after purchasing an additional 845 shares in the last quarter. Finally, CoreCap Advisors LLC increased its position in shares of Fidelity Emerging Markets Multifactor ETF by 428.6% during the third quarter. CoreCap Advisors LLC now owns 1,866 shares of the company’s stock valued at $66,000 after acquiring an additional 1,513 shares in the last quarter.

Fidelity Emerging Markets Multifactor ETF Stock Up 2.5%

Shares of BATS FDEM opened at $33.57 on Tuesday. The firm’s 50-day moving average price is $35.22 and its 200-day moving average price is $34.87. Fidelity Emerging Markets Multifactor ETF has a 52-week low of $29.57 and a 52-week high of $38.32. The company has a market cap of $496.84 million, a PE ratio of 9.97 and a beta of 0.67.

Fidelity Emerging Markets Multifactor ETF Company 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.