Fidelity Emerging Markets Multifactor ETF $FDEM Shares Purchased by Mayfair Advisory Group LLC

Mayfair Advisory Group LLC boosted its stake in Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) by 155.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 145,666 shares of the company’s stock after acquiring an additional 88,582 shares during the period. Fidelity Emerging Markets Multifactor ETF accounts for 1.6% of Mayfair Advisory Group LLC’s portfolio, making the stock its 13th largest position. Mayfair Advisory Group LLC owned approximately 2.21% of Fidelity Emerging Markets Multifactor ETF worth $4,600,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of FDEM. Thrivent Financial for Lutherans acquired a new stake in Fidelity Emerging Markets Multifactor ETF in the fourth quarter worth $44,762,000. Osaic Holdings Inc. raised its holdings in Fidelity Emerging Markets Multifactor ETF by 298.3% during the fourth quarter. Osaic Holdings Inc. now owns 422,739 shares of the company’s stock worth $13,059,000 after purchasing an additional 316,594 shares in the last quarter. Storgate LLC bought a new position in shares of Fidelity Emerging Markets Multifactor ETF during the 4th quarter valued at about $9,421,000. Salus Financial Advisors LLC increased its holdings in shares of Fidelity Emerging Markets Multifactor ETF by 0.5% in the fourth quarter. Salus Financial Advisors LLC now owns 283,475 shares of the company’s stock valued at $8,754,000 after buying an additional 1,374 shares in the last quarter. Finally, MAI Capital Management acquired a new position in shares of Fidelity Emerging Markets Multifactor ETF in the 3rd quarter valued at $8,017,000.

Fidelity Emerging Markets Multifactor ETF Stock Down 0.5%

Shares of FDEM opened at $35.83 on Friday. The company’s fifty day moving average is $36.13 and its 200-day moving average is $33.76. Fidelity Emerging Markets Multifactor ETF has a 12 month low of $27.75 and a 12 month high of $38.32. The firm has a market cap of $236.48 million, a price-to-earnings 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.