Dentgroup LLC Raises Stock Holdings in Fidelity Emerging Markets Multifactor ETF (BATS:FDEM)

Dentgroup LLC lifted its holdings in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) by 140.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,335 shares of the company’s stock after acquiring an additional 22,991 shares during the quarter. Dentgroup LLC owned 0.68% of Fidelity Emerging Markets Multifactor ETF worth $1,005,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. New Insight Wealth Advisors increased its position in shares of Fidelity Emerging Markets Multifactor ETF by 10.1% during the fourth quarter. New Insight Wealth Advisors now owns 16,224 shares of the company’s stock valued at $409,000 after acquiring an additional 1,487 shares during the last quarter. Principal Securities Inc. purchased a new stake in shares of Fidelity Emerging Markets Multifactor ETF during the fourth quarter valued at approximately $63,000. Ball & Co Wealth Management Inc. purchased a new stake in shares of Fidelity Emerging Markets Multifactor ETF during the fourth quarter valued at approximately $67,000. JPMorgan Chase & Co. grew its holdings in Fidelity Emerging Markets Multifactor ETF by 44.1% during the fourth quarter. JPMorgan Chase & Co. now owns 16,001 shares of the company’s stock valued at $404,000 after purchasing an additional 4,898 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in Fidelity Emerging Markets Multifactor ETF by 47.3% during the fourth quarter. Farther Finance Advisors LLC now owns 18,799 shares of the company’s stock valued at $474,000 after purchasing an additional 6,033 shares during the period.

Fidelity Emerging Markets Multifactor ETF Trading Up 9.8%

Shares of BATS FDEM opened at $27.40 on Friday. The stock has a fifty day simple moving average of $25.73 and a two-hundred day simple moving average of $25.77. Fidelity Emerging Markets Multifactor ETF has a 1-year low of $22.63 and a 1-year high of $27.63. The firm has a market cap of $175.36 million, a price-to-earnings ratio of 11.68 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.