Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR – Get Free Report) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 5,463 shares, a decrease of 68.7% from the September 30th total of 17,441 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 46,955 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Carnegie Investment Counsel bought a new stake in shares of Fidelity Enhanced Emerging Markets ETF during the third quarter valued at approximately $685,000. MFA Wealth Services lifted its holdings in shares of Fidelity Enhanced Emerging Markets ETF by 5.1% in the 3rd quarter. MFA Wealth Services now owns 34,471 shares of the company’s stock worth $1,419,000 after purchasing an additional 1,659 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Fidelity Enhanced Emerging Markets ETF in the 2nd quarter valued at $1,901,000. EverSource Wealth Advisors LLC grew its position in Fidelity Enhanced Emerging Markets ETF by 52.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 78,884 shares of the company’s stock valued at $2,694,000 after purchasing an additional 27,230 shares during the period. Finally, Citadel Advisors LLC grew its position in Fidelity Enhanced Emerging Markets ETF by 16.9% in the 2nd quarter. Citadel Advisors LLC now owns 88,456 shares of the company’s stock valued at $3,766,000 after purchasing an additional 12,763 shares during the period.
Fidelity Enhanced Emerging Markets ETF Price Performance
Shares of FEMR opened at $38.71 on Wednesday. Fidelity Enhanced Emerging Markets ETF has a one year low of $30.36 and a one year high of $44.41. The company has a market cap of $197.42 million, a PE ratio of 13.14 and a beta of 1.05. The stock has a 50-day moving average of $40.82 and a 200-day moving average of $39.01.
Fidelity Enhanced Emerging Markets ETF Company Profile
The Fidelity Enhanced Emerging Markets ETF (FEMR) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in equity securities of issuers in emerging markets. The fund aims for growth of capital FEMR was launched on Nov 19, 2024 and is issued by Fidelity.
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