Crumly & Associates Inc. Makes New $10.82 Million Investment in Fidelity Fundamental Emerging Markets ETF $FFEM

Crumly & Associates Inc. acquired a new position in Fidelity Fundamental Emerging Markets ETF (BATS:FFEM) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 257,886 shares of the company’s stock, valued at approximately $10,822,000. Fidelity Fundamental Emerging Markets ETF comprises about 1.9% of Crumly & Associates Inc.’s holdings, making the stock its 18th largest holding. Crumly & Associates Inc. owned approximately 0.20% of Fidelity Fundamental Emerging Markets ETF as of its most recent SEC filing.

Separately, Kestra Advisory Services LLC increased its stake in Fidelity Fundamental Emerging Markets ETF by 942.2% during the 1st quarter. Kestra Advisory Services LLC now owns 88,104 shares of the company’s stock valued at $3,114,000 after purchasing an additional 79,650 shares in the last quarter.

Fidelity Fundamental Emerging Markets ETF Stock Performance

FFEM stock traded down $0.67 during midday trading on Wednesday, reaching $42.08. The stock had a trading volume of 7,918 shares, compared to its average volume of 20,108. The firm has a fifty day simple moving average of $42.15 and a two-hundred day simple moving average of $41.22. Fidelity Fundamental Emerging Markets ETF has a 52-week low of $30.76 and a 52-week high of $45.62. The stock has a market cap of $54.70 million, a PE ratio of 16.15 and a beta of 1.01.

About Fidelity Fundamental Emerging Markets ETF

The Fidelity Fundamental Emerging Markets ETF (FFEM) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to achieve long-term capital growth through an actively managed portfolio of emerging markets stocks selected based on fundamental factors. The fund includes issuers of any market capitalization. FFEM was launched on Nov 19, 2024 and is issued by Fidelity.