Commonwealth Equity Services LLC Makes New $54.20 Million Investment in Fidelity Enhanced Emerging Markets ETF $FEMR

Commonwealth Equity Services LLC purchased a new position in shares of Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 1,316,704 shares of the company’s stock, valued at approximately $54,196,000. Commonwealth Equity Services LLC owned approximately 0.25% of Fidelity Enhanced Emerging Markets ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in FEMR. Carnegie Investment Counsel acquired a new position in Fidelity Enhanced Emerging Markets ETF in the 3rd quarter worth $685,000. Traynor Capital Management Inc. acquired a new stake in shares of Fidelity Enhanced Emerging Markets ETF during the third quarter valued at about $1,180,000. Founders Financial Securities LLC acquired a new stake in shares of Fidelity Enhanced Emerging Markets ETF during the third quarter valued at about $1,213,000. MFA Wealth Services grew its stake in shares of Fidelity Enhanced Emerging Markets ETF by 5.1% during the third quarter. MFA Wealth Services now owns 34,471 shares of the company’s stock valued at $1,419,000 after acquiring an additional 1,659 shares in the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of Fidelity Enhanced Emerging Markets ETF during the second quarter worth about $1,901,000.

Fidelity Enhanced Emerging Markets ETF Stock Performance

Shares of NYSEARCA FEMR opened at $36.02 on Friday. Fidelity Enhanced Emerging Markets ETF has a 1 year low of $30.36 and a 1 year high of $44.41. The stock’s 50-day simple moving average is $40.28 and its 200-day simple moving average is $39.13. The firm has a market cap of $190.91 million, a price-to-earnings ratio of 13.14 and a beta of 1.12.

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.