SK Wealth Management LLC increased its holdings in Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR – Free Report) by 173.2% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 110,938 shares of the company’s stock after purchasing an additional 70,331 shares during the period. Fidelity Enhanced Emerging Markets ETF makes up about 1.3% of SK Wealth Management LLC’s holdings, making the stock its 19th biggest holding. SK Wealth Management LLC owned approximately 9.24% of Fidelity Enhanced Emerging Markets ETF worth $3,483,000 at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in the business. Canvas Wealth Advisors LLC purchased a new stake in Fidelity Enhanced Emerging Markets ETF during the second quarter valued at about $309,000. Elm3 Financial Group LLC bought a new position in Fidelity Enhanced Emerging Markets ETF during the 2nd quarter worth approximately $375,000. Jane Street Group LLC bought a new position in Fidelity Enhanced Emerging Markets ETF during the 2nd quarter worth approximately $469,000. Finally, InTrack Investment Management Inc purchased a new position in Fidelity Enhanced Emerging Markets ETF in the 2nd quarter worth approximately $703,000.
Fidelity Enhanced Emerging Markets ETF Stock Performance
NYSEARCA:FEMR opened at $31.68 on Friday. The firm has a market cap of $38.02 million, a PE ratio of 13.14 and a beta of 1.57. Fidelity Enhanced Emerging Markets ETF has a fifty-two week low of $22.11 and a fifty-two week high of $32.71. The business has a 50 day moving average price of $31.69 and a 200-day moving average price of $30.04.
About Fidelity Enhanced Emerging Markets ETF
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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