RFG Advisory LLC Has $1.49 Million Stock Holdings in Fidelity Emerging Markets Multifactor ETF $FDEM

RFG Advisory LLC cut its holdings in Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) by 0.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 53,353 shares of the company’s stock after selling 441 shares during the quarter. RFG Advisory LLC owned about 0.81% of Fidelity Emerging Markets Multifactor ETF worth $1,493,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Ameritas Advisory Services LLC acquired a new position in Fidelity Emerging Markets Multifactor ETF during the 2nd quarter worth approximately $27,000. Dahring Cusmano LLC boosted its position in Fidelity Emerging Markets Multifactor ETF by 28.5% during the 1st quarter. Dahring Cusmano LLC now owns 14,114 shares of the company’s stock worth $361,000 after acquiring an additional 3,133 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in 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 worth $439,000 after acquiring an additional 1,409 shares during the last quarter. New Insight Wealth Advisors boosted its position in Fidelity Emerging Markets Multifactor ETF by 21.1% during the 1st quarter. New Insight Wealth Advisors now owns 19,649 shares of the company’s stock worth $502,000 after acquiring an additional 3,425 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in Fidelity Emerging Markets Multifactor ETF by 70.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 39,945 shares of the company’s stock worth $1,021,000 after acquiring an additional 16,570 shares during the last quarter.

Fidelity Emerging Markets Multifactor ETF Stock Up 21.4%

BATS:FDEM opened at $30.30 on Thursday. Fidelity Emerging Markets Multifactor ETF has a twelve month low of $22.63 and a twelve month high of $29.19. The business has a 50 day moving average price of $29.71 and a two-hundred day moving average price of $27.81. The company has a market cap of $199.95 million, a P/E ratio of 11.96 and a beta of 0.54.

Fidelity Emerging Markets Multifactor ETF Profile

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.