Fidelity Fundamental Emerging Markets ETF (BATS:FFEM – Get Free Report) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 10,252 shares, a decline of 44.5% from the September 15th total of 18,471 shares. Based on an average trading volume of 9,851 shares, the short-interest ratio is presently 1.0 days. Approximately 0.8% of the shares of the stock are short sold.
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in Fidelity Fundamental Emerging Markets ETF stock. Crumly & Associates Inc. acquired a new stake in shares of Fidelity Fundamental Emerging Markets ETF (BATS:FFEM – Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 257,886 shares of the company’s stock, valued at approximately $10,822,000. Fidelity Fundamental Emerging Markets ETF comprises about 1.9% of Crumly & Associates Inc.’s holdings, making the stock its 18th biggest holding. Crumly & Associates Inc. owned 19.84% of Fidelity Fundamental Emerging Markets ETF at the end of the most recent quarter.
Fidelity Fundamental Emerging Markets ETF Trading Down 1.9%
Shares of FFEM traded down $0.76 during midday trading on Friday, reaching $38.95. The stock had a trading volume of 11,173 shares, compared to its average volume of 19,833. The company’s 50-day moving average is $42.12 and its 200 day moving average is $41.49. Fidelity Fundamental Emerging Markets ETF has a 12-month low of $31.51 and a 12-month high of $45.62. The company has a market capitalization of $50.63 million, a price-to-earnings ratio of 16.15 and a beta of 1.01.
Fidelity Fundamental Emerging Markets ETF Company Profile
The Fidelity Fundamental Emerging Markets ETF (FFEM) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to achieve long-term capital growth through an actively managed portfolio of emerging markets stocks selected based on fundamental factors. The fund includes issuers of any market capitalization. FFEM was launched on Nov 19, 2024 and is issued by Fidelity.
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