Farther Finance Advisors LLC Purchases 3,666 Shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM)

Farther Finance Advisors LLC boosted its holdings in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) by 19.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,465 shares of the company’s stock after purchasing an additional 3,666 shares during the period. Farther Finance Advisors LLC owned about 0.39% of Fidelity Emerging Markets Multifactor ETF worth $576,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Dentgroup LLC raised its holdings in shares of Fidelity Emerging Markets Multifactor ETF by 140.7% during the 1st quarter. Dentgroup LLC now owns 39,335 shares of the company’s stock worth $1,005,000 after buying an additional 22,991 shares in the last quarter. RFG Advisory LLC increased its holdings in shares of Fidelity Emerging Markets Multifactor ETF by 301.0% during the first quarter. RFG Advisory LLC now owns 53,794 shares of the company’s stock worth $1,374,000 after buying an additional 40,379 shares in the last quarter. Ball & Co Wealth Management Inc. acquired a new stake in shares of Fidelity Emerging Markets Multifactor ETF during the 4th quarter valued at $67,000. Sunbelt Securities Inc. boosted its holdings in shares of Fidelity Emerging Markets Multifactor ETF by 19.4% during the 4th quarter. Sunbelt Securities Inc. now owns 99,250 shares of the company’s stock valued at $2,517,000 after acquiring an additional 16,103 shares in the last quarter. Finally, Salus Financial Advisors LLC bought a new stake in Fidelity Emerging Markets Multifactor ETF during the 4th quarter worth $5,774,000.

Fidelity Emerging Markets Multifactor ETF Stock Up 10.5%

Shares of FDEM opened at $27.58 on Friday. The stock has a market cap of $182.03 million, a PE ratio of 11.68 and a beta of 0.54. Fidelity Emerging Markets Multifactor ETF has a 12-month low of $22.63 and a 12-month high of $28.10. The business has a 50-day simple moving average of $26.10 and a two-hundred day simple moving average of $25.84.

Fidelity Emerging Markets Multifactor ETF 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.