Fidelity Emerging Markets Multifactor ETF $FDEM Holdings Raised by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its position in Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) by 47.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 58,535 shares of the company’s stock after acquiring an additional 18,894 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.89% of Fidelity Emerging Markets Multifactor ETF worth $1,761,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Sunbelt Securities Inc. increased its holdings in shares of Fidelity Emerging Markets Multifactor ETF by 11.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 110,383 shares of the company’s stock valued at $3,320,000 after acquiring an additional 11,133 shares during the last quarter. Advisory Services Network LLC bought a new position in Fidelity Emerging Markets Multifactor ETF during the 3rd quarter worth $96,000. Citadel Advisors LLC grew its stake in Fidelity Emerging Markets Multifactor ETF by 4.1% during the 3rd quarter. Citadel Advisors LLC now owns 130,324 shares of the company’s stock worth $3,920,000 after buying an additional 5,154 shares during the last quarter. Ameriprise Financial Inc. bought a new position in Fidelity Emerging Markets Multifactor ETF during the 3rd quarter worth $587,000. Finally, von Borstel & Associates Inc. bought a new position in Fidelity Emerging Markets Multifactor ETF during the 3rd quarter worth $3,338,000.

Fidelity Emerging Markets Multifactor ETF Price Performance

Shares of FDEM opened at $32.02 on Wednesday. The company has a market cap of $211.33 million, a P/E ratio of 11.96 and a beta of 0.54. The stock has a fifty day moving average price of $33.05 and a 200 day moving average price of $31.67. Fidelity Emerging Markets Multifactor ETF has a 12 month low of $22.63 and a 12 month high of $35.50.

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.