Mayfair Advisory Group LLC Buys 28,133 Shares of Fidelity Emerging Markets Multifactor ETF $FDEM

Mayfair Advisory Group LLC increased its stake in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) by 97.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,084 shares of the company’s stock after buying an additional 28,133 shares during the quarter. Mayfair Advisory Group LLC’s holdings in Fidelity Emerging Markets Multifactor ETF were worth $1,805,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of FDEM. Raymond James Financial Inc. bought a new position in Fidelity Emerging Markets Multifactor ETF in the 2nd quarter valued at $26,000. Jane Street Group LLC bought a new position in Fidelity Emerging Markets Multifactor ETF in the 2nd quarter valued at $5,411,000. MML Investors Services LLC raised its position in Fidelity Emerging Markets Multifactor ETF by 31.6% in the 2nd quarter. MML Investors Services LLC now owns 93,892 shares of the company’s stock valued at $2,628,000 after purchasing an additional 22,528 shares during the last quarter. Osaic Holdings Inc. raised its position in Fidelity Emerging Markets Multifactor ETF by 3.3% in the 2nd quarter. Osaic Holdings Inc. now owns 107,618 shares of the company’s stock valued at $3,013,000 after purchasing an additional 3,406 shares during the last quarter. Finally, Dentgroup LLC raised its position in Fidelity Emerging Markets Multifactor ETF by 63.6% in the 3rd quarter. Dentgroup LLC now owns 43,084 shares of the company’s stock valued at $1,296,000 after purchasing an additional 16,757 shares during the last quarter.

Fidelity Emerging Markets Multifactor ETF Stock Performance

Shares of FDEM opened at $32.02 on Wednesday. The stock has a fifty day moving average price of $33.05 and a two-hundred day moving average price of $31.67. Fidelity Emerging Markets Multifactor ETF has a 52-week low of $22.63 and a 52-week high of $35.50. The company has a market cap of $211.33 million, a price-to-earnings ratio of 11.96 and a beta of 0.54.

About Fidelity Emerging Markets Multifactor ETF

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.