Sunbelt Securities Inc. Has $6.25 Million Stock Holdings in Fidelity Emerging Markets Multifactor ETF $FDEM

Sunbelt Securities Inc. raised its holdings in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) by 81.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 198,066 shares of the company’s stock after acquiring an additional 88,865 shares during the period. Sunbelt Securities Inc. owned approximately 3.00% of Fidelity Emerging Markets Multifactor ETF worth $6,255,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in FDEM. Thrivent Financial for Lutherans acquired a new stake in shares of Fidelity Emerging Markets Multifactor ETF during the fourth quarter worth $44,762,000. Osaic Holdings Inc. increased its stake in Fidelity Emerging Markets Multifactor ETF by 298.3% in the fourth 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 in the last quarter. Storgate LLC acquired a new stake in Fidelity Emerging Markets Multifactor ETF in the fourth quarter worth $9,421,000. Salus Financial Advisors LLC raised its holdings in 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 worth $8,754,000 after purchasing an additional 1,374 shares during the period. Finally, Kestra Advisory Services LLC raised its holdings in Fidelity Emerging Markets Multifactor ETF by 10.3% in the first quarter. Kestra Advisory Services LLC now owns 207,746 shares of the company’s stock worth $6,561,000 after purchasing an additional 19,389 shares during the period.

Fidelity Emerging Markets Multifactor ETF Stock Down 1.1%

Shares of BATS FDEM opened at $34.10 on Wednesday. Fidelity Emerging Markets Multifactor ETF has a twelve month low of $28.00 and a twelve month high of $38.32. The stock has a market cap of $225.06 million, a price-to-earnings ratio of 11.96 and a beta of 0.54. The company’s fifty day moving average is $36.04 and its 200-day moving average is $34.46.

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.