Citadel Advisors LLC trimmed its position in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM – Free Report) by 12.4% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 263,929 shares of the company’s stock after selling 37,398 shares during the quarter. Citadel Advisors LLC’s holdings in Fidelity Emerging Markets Multifactor ETF were worth $9,589,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the company. Thrivent Financial for Lutherans bought a new stake in shares of Fidelity Emerging Markets Multifactor ETF in the fourth quarter worth about $44,762,000. Osaic Holdings Inc. raised its position in Fidelity Emerging Markets Multifactor ETF by 298.3% during the 4th quarter. Osaic Holdings Inc. now owns 422,739 shares of the company’s stock valued at $13,059,000 after purchasing an additional 316,594 shares during the last quarter. Storgate LLC purchased a new stake in Fidelity Emerging Markets Multifactor ETF in the 4th quarter worth approximately $9,421,000. Clarity Retirement & Wealth LLC purchased a new stake in Fidelity Emerging Markets Multifactor ETF in the 4th quarter worth approximately $6,236,000. Finally, Jane Street Group LLC bought a new stake in shares of Fidelity Emerging Markets Multifactor ETF in the 2nd quarter worth approximately $5,411,000.
Fidelity Emerging Markets Multifactor ETF Stock Performance
FDEM opened at $36.99 on Tuesday. Fidelity Emerging Markets Multifactor ETF has a 52-week low of $29.11 and a 52-week high of $38.32. The stock has a market capitalization of $244.13 million, a PE ratio of 11.96 and a beta of 0.54. The stock’s 50 day moving average price is $35.53 and its 200-day moving average price is $34.97.
Fidelity Emerging Markets Multifactor ETF Company 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.
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Want to see what other hedge funds are holding FDEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Emerging Markets Multifactor ETF (BATS:FDEM – Free Report).
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