Clarity Retirement & Wealth LLC acquired a new stake in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM – Free Report) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 201,958 shares of the company’s stock, valued at approximately $6,236,000. Fidelity Emerging Markets Multifactor ETF comprises approximately 5.5% of Clarity Retirement & Wealth LLC’s investment portfolio, making the stock its 7th largest holding.
Several other hedge funds also recently modified their holdings of the company. Thrivent Financial for Lutherans bought a new position in Fidelity Emerging Markets Multifactor ETF during the 4th quarter worth $44,762,000. Salus Financial Advisors LLC raised its position in Fidelity Emerging Markets Multifactor ETF by 0.5% during the 4th quarter. Salus Financial Advisors LLC now owns 283,475 shares of the company’s stock worth $8,754,000 after purchasing an additional 1,374 shares during the last quarter. MAI Capital Management bought a new position in Fidelity Emerging Markets Multifactor ETF during the 3rd quarter worth $8,017,000. Jane Street Group LLC bought a new position in Fidelity Emerging Markets Multifactor ETF during the 2nd quarter worth $5,411,000. Finally, Citadel Advisors LLC raised its position in Fidelity Emerging Markets Multifactor ETF by 4.1% during the 3rd quarter. Citadel Advisors LLC now owns 130,324 shares of the company’s stock worth $3,920,000 after purchasing an additional 5,154 shares during the last quarter.
Fidelity Emerging Markets Multifactor ETF Stock Up 2.1%
Shares of BATS:FDEM opened at $35.91 on Tuesday. The firm has a market cap of $237.01 million, a P/E ratio of 11.96 and a beta of 0.54. Fidelity Emerging Markets Multifactor ETF has a 12-month low of $26.83 and a 12-month high of $38.32. The business has a fifty day simple moving average of $34.94 and a 200 day simple moving average of $33.17.
Fidelity Emerging Markets Multifactor ETF Company 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.
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Want to see what other hedge funds are holding FDEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Emerging Markets Multifactor ETF (BATS:FDEM – Free Report).
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