Sunbelt Securities Inc. Has $2.58 Million Stock Holdings in Fidelity Emerging Markets Multifactor ETF (BATS:FDEM)

Sunbelt Securities Inc. grew its holdings in Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) by 1.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 100,951 shares of the company’s stock after purchasing an additional 1,701 shares during the period. Sunbelt Securities Inc. owned approximately 1.74% of Fidelity Emerging Markets Multifactor ETF worth $2,579,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Principal Securities Inc. acquired a new stake in Fidelity Emerging Markets Multifactor ETF in the fourth quarter valued at about $63,000. Ball & Co Wealth Management Inc. bought a new position in shares of Fidelity Emerging Markets Multifactor ETF in the fourth quarter worth about $67,000. JPMorgan Chase & Co. boosted its stake in shares of Fidelity Emerging Markets Multifactor ETF by 44.1% in the 4th 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 in the last quarter. New Insight Wealth Advisors boosted its stake in shares of Fidelity Emerging Markets Multifactor ETF by 10.1% in the 4th quarter. New Insight Wealth Advisors now owns 16,224 shares of the company’s stock valued at $409,000 after purchasing an additional 1,487 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its holdings in shares of Fidelity Emerging Markets Multifactor ETF by 8.9% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 17,188 shares of the company’s stock valued at $439,000 after purchasing an additional 1,409 shares during the last quarter.

Fidelity Emerging Markets Multifactor ETF Price Performance

FDEM stock opened at $27.81 on Friday. The stock has a market cap of $183.55 million, a price-to-earnings ratio of 11.68 and a beta of 0.54. The company has a 50 day simple moving average of $26.76 and a 200 day simple moving average of $25.96. Fidelity Emerging Markets Multifactor ETF has a 1 year low of $22.63 and a 1 year high of $28.10.

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.