Midwest Financial Network LLC Buys 16,892 Shares of Fidelity International Multifactor ETF $FDEV

Midwest Financial Network LLC raised its stake in Fidelity International Multifactor ETF (BATS:FDEV) by 77.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,689 shares of the company’s stock after acquiring an additional 16,892 shares during the period. Midwest Financial Network LLC’s holdings in Fidelity International Multifactor ETF were worth $1,373,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of FDEV. Centaurus Financial Inc. grew its holdings in shares of Fidelity International Multifactor ETF by 4.1% during the 1st quarter. Centaurus Financial Inc. now owns 8,801 shares of the company’s stock worth $314,000 after purchasing an additional 344 shares in the last quarter. Arkadios Wealth Advisors raised its stake in Fidelity International Multifactor ETF by 63.6% in the first quarter. Arkadios Wealth Advisors now owns 14,856 shares of the company’s stock valued at $530,000 after purchasing an additional 5,777 shares in the last quarter. Cetera Investment Advisers raised its stake in Fidelity International Multifactor ETF by 43.2% in the first quarter. Cetera Investment Advisers now owns 50,983 shares of the company’s stock valued at $1,819,000 after purchasing an additional 15,378 shares in the last quarter. Kestra Advisory Services LLC lifted its position in Fidelity International Multifactor ETF by 230.2% during the first quarter. Kestra Advisory Services LLC now owns 53,068 shares of the company’s stock worth $1,893,000 after purchasing an additional 36,996 shares during the period. Finally, RCS Financial Planning LLC bought a new stake in Fidelity International Multifactor ETF during the first quarter worth about $916,000.

Fidelity International Multifactor ETF Stock Down 0.2%

Shares of Fidelity International Multifactor ETF stock opened at $37.32 on Thursday. Fidelity International Multifactor ETF has a 12-month low of $32.34 and a 12-month high of $38.08. The company has a market capitalization of $194.06 million, a price-to-earnings ratio of 16.06 and a beta of 0.73. The firm’s 50-day moving average price is $36.12 and its two-hundred day moving average price is $36.32.

Fidelity International Multifactor ETF Profile

The Fidelity International Multifactor ETF (FDEV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factored index of developed ex-US companies. FDEV was launched on Feb 26, 2019 and is managed by Fidelity.