Sunbelt Securities Inc. grew its holdings in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM – Free Report) by 4.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 83,147 shares of the company’s stock after buying an additional 3,560 shares during the period. Sunbelt Securities Inc.’s holdings in Fidelity Emerging Markets Multifactor ETF were worth $2,249,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Larson Financial Group LLC purchased a new stake in Fidelity Emerging Markets Multifactor ETF in the 3rd quarter valued at about $26,000. FMR LLC boosted its holdings in shares of Fidelity Emerging Markets Multifactor ETF by 151.8% in the third quarter. FMR LLC now owns 1,108 shares of the company’s stock valued at $30,000 after purchasing an additional 668 shares during the period. Farther Finance Advisors LLC grew its stake in Fidelity Emerging Markets Multifactor ETF by 491.0% in the second quarter. Farther Finance Advisors LLC now owns 10,023 shares of the company’s stock worth $257,000 after purchasing an additional 8,327 shares in the last quarter. MML Investors Services LLC increased its holdings in Fidelity Emerging Markets Multifactor ETF by 9.0% during the 3rd quarter. MML Investors Services LLC now owns 10,114 shares of the company’s stock worth $274,000 after purchasing an additional 836 shares during the period. Finally, Birchcreek Wealth Management LLC bought a new stake in Fidelity Emerging Markets Multifactor ETF during the 2nd quarter valued at $349,000.
Fidelity Emerging Markets Multifactor ETF Stock Down 1.2 %
Shares of FDEM stock opened at $26.40 on Wednesday. The stock has a fifty day moving average price of $26.31 and a two-hundred day moving average price of $26.03. The stock has a market cap of $63.36 million, a PE ratio of 8.18 and a beta of 0.68.
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.
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Want to see what other hedge funds are holding FDEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Emerging Markets Multifactor ETF (BATS:FDEM – Free Report).
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