Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR – Get Free Report) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 14,678 shares, an increase of 101.4% from the June 30th total of 7,288 shares. Based on an average daily volume of 62,540 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the shares of the company are short sold.
Fidelity Enhanced Emerging Markets ETF Trading Down 2.1%
Shares of NYSEARCA FEMR opened at $38.28 on Wednesday. Fidelity Enhanced Emerging Markets ETF has a 12-month low of $27.92 and a 12-month high of $44.41. The company has a market cap of $160.78 million, a PE ratio of 13.14 and a beta of 1.01. The stock has a 50 day simple moving average of $41.35 and a 200-day simple moving average of $38.24.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. FWG Holdings LLC acquired a new stake in Fidelity Enhanced Emerging Markets ETF in the fourth quarter worth approximately $2,657,000. SK Wealth Management LLC boosted its stake in Fidelity Enhanced Emerging Markets ETF by 74.4% during the fourth quarter. SK Wealth Management LLC now owns 193,486 shares of the company’s stock valued at $6,296,000 after buying an additional 82,548 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new position in Fidelity Enhanced Emerging Markets ETF during the fourth quarter worth about $1,681,000. Founders Financial Securities LLC acquired a new position in Fidelity Enhanced Emerging Markets ETF during the first quarter worth about $969,000. Finally, MFA Wealth Services raised its position in Fidelity Enhanced Emerging Markets ETF by 2.5% in the fourth quarter. MFA Wealth Services now owns 36,272 shares of the company’s stock worth $1,180,000 after acquiring an additional 892 shares in the last quarter.
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.
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