OLD Mission Capital LLC Makes New Investment in Fidelity Emerging Markets Multifactor ETF (BATS:FDEM)

OLD Mission Capital LLC acquired a new stake in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,494 shares of the company’s stock, valued at approximately $694,000. OLD Mission Capital LLC owned about 1.15% of Fidelity Emerging Markets Multifactor ETF at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of FDEM. FMR LLC raised its position in Fidelity Emerging Markets Multifactor ETF by 151.8% during the 3rd quarter. FMR LLC now owns 1,108 shares of the company’s stock valued at $30,000 after purchasing an additional 668 shares during the last quarter. MML Investors Services LLC raised its holdings in shares of Fidelity Emerging Markets Multifactor ETF by 9.0% during the third quarter. MML Investors Services LLC now owns 10,114 shares of the company’s stock valued at $274,000 after acquiring an additional 836 shares in the last quarter. Sunbelt Securities Inc. lifted its stake in Fidelity Emerging Markets Multifactor ETF by 4.5% in the third quarter. Sunbelt Securities Inc. now owns 83,147 shares of the company’s stock worth $2,249,000 after acquiring an additional 3,560 shares during the period. Dentgroup LLC boosted its holdings in Fidelity Emerging Markets Multifactor ETF by 44.5% in the fourth quarter. Dentgroup LLC now owns 16,344 shares of the company’s stock valued at $412,000 after acquiring an additional 5,033 shares in the last quarter. Finally, RFG Advisory LLC bought a new position in Fidelity Emerging Markets Multifactor ETF in the 4th quarter worth $338,000.

Fidelity Emerging Markets Multifactor ETF Price Performance

Fidelity Emerging Markets Multifactor ETF has a 52 week low of $23.67 and a 52 week high of $27.63. The company has a market cap of $60.65 million, a price-to-earnings ratio of 11.64 and a beta of 0.67. The company’s fifty day moving average is $25.80 and its 200-day moving average is $26.00.

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.