Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR)’s share price crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $39.04 and traded as high as $39.35. Fidelity Enhanced Emerging Markets ETF shares last traded at $39.35, with a volume of 35,108 shares changing hands.

Fidelity Enhanced Emerging Markets ETF Trading Down 3.0%

The business’s 50-day simple moving average is $40.70 and its 200 day simple moving average is $39.08. The company has a market capitalization of $195.68 million, a P/E ratio of 13.14 and a beta of 1.05.

Institutional Trading of Fidelity Enhanced Emerging Markets ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. MFA Wealth Services grew its position in Fidelity Enhanced Emerging Markets ETF by 5.1% in the third quarter. MFA Wealth Services now owns 34,471 shares of the company’s stock worth $1,419,000 after buying an additional 1,659 shares during the last quarter. SK Wealth Management LLC increased its holdings in shares of Fidelity Enhanced Emerging Markets ETF by 5.0% in the first quarter. SK Wealth Management LLC now owns 203,101 shares of the company’s stock valued at $7,068,000 after buying an additional 9,615 shares in the last quarter. Citadel Advisors LLC lifted its position in shares of Fidelity Enhanced Emerging Markets ETF by 16.9% during the 2nd quarter. Citadel Advisors LLC now owns 88,456 shares of the company’s stock valued at $3,766,000 after acquiring an additional 12,763 shares during the last quarter. Carnegie Investment Counsel acquired a new stake in shares of Fidelity Enhanced Emerging Markets ETF during the 3rd quarter valued at $685,000. Finally, InTrack Investment Management Inc lifted its position in shares of Fidelity Enhanced Emerging Markets ETF by 23.2% during the 2nd quarter. InTrack Investment Management Inc now owns 101,235 shares of the company’s stock valued at $4,311,000 after acquiring an additional 19,079 shares during the last quarter.

Fidelity Enhanced Emerging Markets ETF Company Profile

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.