S Harris Financial Group LLC acquired a new position in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 79,927 shares of the company’s stock, valued at approximately $2,468,000. Fidelity Emerging Markets Multifactor ETF makes up 2.3% of S Harris Financial Group LLC’s holdings, making the stock its 9th biggest holding.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new stake in shares of Fidelity Emerging Markets Multifactor ETF in the 2nd quarter worth $26,000. Jane Street Group LLC acquired a new position in shares of Fidelity Emerging Markets Multifactor ETF during the 2nd quarter valued at about $5,411,000. MML Investors Services LLC grew its holdings in shares of Fidelity Emerging Markets Multifactor ETF by 31.6% in the second quarter. MML Investors Services LLC now owns 93,892 shares of the company’s stock valued at $2,628,000 after purchasing an additional 22,528 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Fidelity Emerging Markets Multifactor ETF by 74.2% in the third quarter. Envestnet Asset Management Inc. now owns 83,308 shares of the company’s stock valued at $2,506,000 after purchasing an additional 35,491 shares during the period. Finally, JPMorgan Chase & Co. increased its position in Fidelity Emerging Markets Multifactor ETF by 47.7% during the third quarter. JPMorgan Chase & Co. now owns 58,535 shares of the company’s stock worth $1,761,000 after purchasing an additional 18,894 shares during the last quarter.
Fidelity Emerging Markets Multifactor ETF Price Performance
Shares of FDEM stock opened at $37.62 on Friday. The firm’s 50-day moving average is $35.89 and its two-hundred day moving average is $33.56. Fidelity Emerging Markets Multifactor ETF has a 12 month low of $26.83 and a 12 month high of $38.32. The company has a market capitalization of $248.29 million, a PE ratio of 11.96 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.
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