Dentgroup LLC Grows Position in Fidelity Emerging Markets Multifactor ETF (BATS:FDEM)

Dentgroup LLC grew its position in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) by 44.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 16,344 shares of the company’s stock after purchasing an additional 5,033 shares during the quarter. Dentgroup LLC’s holdings in Fidelity Emerging Markets Multifactor ETF were worth $412,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. McAdam LLC bought a new position in shares of Fidelity Emerging Markets Multifactor ETF during the 3rd quarter valued at approximately $908,000. Birchcreek Wealth Management LLC bought a new position in Fidelity Emerging Markets Multifactor ETF during the second quarter valued at $349,000. Farther Finance Advisors LLC raised its stake in shares of 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 valued at $257,000 after buying an additional 8,327 shares during the period. Merkkuri Wealth Advisors LLC lifted its position in shares of Fidelity Emerging Markets Multifactor ETF by 14.2% during the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 61,031 shares of the company’s stock valued at $1,651,000 after buying an additional 7,571 shares during the last quarter. Finally, Sunbelt Securities Inc. grew its stake in shares of Fidelity Emerging Markets Multifactor ETF by 4.5% during the 3rd quarter. Sunbelt Securities Inc. now owns 83,147 shares of the company’s stock worth $2,249,000 after acquiring an additional 3,560 shares during the period.

Fidelity Emerging Markets Multifactor ETF Price Performance

Fidelity Emerging Markets Multifactor ETF stock traded up $0.24 during midday trading on Friday, reaching $25.47. The stock had a trading volume of 32,003 shares. The firm has a market cap of $61.13 million, a price-to-earnings ratio of 8.18 and a beta of 0.68. The business has a 50 day moving average of $25.95 and a 200-day moving average of $26.04.

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.