Fidelity Emerging Markets Multifactor ETF $FDEM Shares Newly Acquired by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. acquired a new stake in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 26,071 shares of the company’s stock, valued at approximately $927,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. grew its stake in shares of Fidelity Emerging Markets Multifactor ETF by 9.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 261,869 shares of the company’s stock valued at $9,514,000 after purchasing an additional 23,255 shares during the period. Arkadios Wealth Advisors lifted its position in shares of Fidelity Emerging Markets Multifactor ETF by 113.8% during the 1st quarter. Arkadios Wealth Advisors now owns 207,872 shares of the company’s stock worth $6,565,000 after buying an additional 110,626 shares during the period. Kestra Advisory Services LLC boosted its stake in Fidelity Emerging Markets Multifactor ETF by 10.3% in the 1st quarter. Kestra Advisory Services LLC now owns 207,746 shares of the company’s stock valued at $6,561,000 after buying an additional 19,389 shares in the last quarter. Sunbelt Securities Inc. boosted its stake in Fidelity Emerging Markets Multifactor ETF by 81.4% in the 1st quarter. Sunbelt Securities Inc. now owns 198,066 shares of the company’s stock valued at $6,255,000 after buying an additional 88,865 shares in the last quarter. Finally, Mayfair Advisory Group LLC boosted its stake in Fidelity Emerging Markets Multifactor ETF by 5.0% in the 3rd quarter. Mayfair Advisory Group LLC now owns 175,463 shares of the company’s stock valued at $6,236,000 after buying an additional 8,313 shares in the last quarter.

Fidelity Emerging Markets Multifactor ETF Price Performance

Shares of BATS:FDEM opened at $33.80 on Thursday. The business’s fifty day moving average price is $35.42 and its two-hundred day moving average price is $34.87. Fidelity Emerging Markets Multifactor ETF has a fifty-two week low of $29.57 and a fifty-two week high of $38.32. The stock has a market capitalization of $223.08 million, a price-to-earnings ratio of 11.96 and a beta of 0.54.

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.