Clarity Retirement & Wealth LLC Buys Shares of 201,958 Fidelity Emerging Markets Multifactor ETF $FDEM

Clarity Retirement & Wealth LLC bought a new stake in Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 201,958 shares of the company’s stock, valued at approximately $6,236,000. Fidelity Emerging Markets Multifactor ETF makes up 5.5% of Clarity Retirement & Wealth LLC’s investment portfolio, making the stock its 7th biggest holding. Clarity Retirement & Wealth LLC owned 3.06% of Fidelity Emerging Markets Multifactor ETF as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of FDEM. Raymond James Financial Inc. acquired a new stake in shares of Fidelity Emerging Markets Multifactor ETF in the 2nd quarter valued at $26,000. Jane Street Group LLC acquired a new stake in shares of Fidelity Emerging Markets Multifactor ETF during the 2nd quarter valued at $5,411,000. MML Investors Services LLC boosted its holdings in shares of Fidelity Emerging Markets Multifactor ETF by 31.6% during the 2nd quarter. MML Investors Services LLC now owns 93,892 shares of the company’s stock valued at $2,628,000 after acquiring an additional 22,528 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Fidelity Emerging Markets Multifactor ETF by 74.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 83,308 shares of the company’s stock valued at $2,506,000 after acquiring an additional 35,491 shares in the last quarter. Finally, RFG Advisory LLC boosted its holdings in shares of Fidelity Emerging Markets Multifactor ETF by 7.2% during the 3rd quarter. RFG Advisory LLC now owns 57,173 shares of the company’s stock valued at $1,720,000 after acquiring an additional 3,820 shares in the last quarter.

Fidelity Emerging Markets Multifactor ETF Stock Up 2.1%

BATS FDEM opened at $35.91 on Tuesday. Fidelity Emerging Markets Multifactor ETF has a twelve month low of $26.83 and a twelve month high of $38.32. The company has a market cap of $237.01 million, a price-to-earnings ratio of 11.96 and a beta of 0.54. The business’s fifty day moving average is $34.94 and its 200 day moving average is $33.17.

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.