Citadel Advisors LLC cut its holdings in shares of Fidelity Fundamental Emerging Markets ETF (BATS:FFEM – Free Report) by 27.3% in the second quarter, HoldingsChannel reports. The fund owned 45,275 shares of the company’s stock after selling 17,036 shares during the quarter. Citadel Advisors LLC’s holdings in Fidelity Fundamental Emerging Markets ETF were worth $1,976,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Kestra Advisory Services LLC boosted its holdings in shares of Fidelity Fundamental Emerging Markets ETF by 942.2% during the first quarter. Kestra Advisory Services LLC now owns 88,104 shares of the company’s stock worth $3,114,000 after purchasing an additional 79,650 shares during the period. Jane Street Group LLC purchased a new position in Fidelity Fundamental Emerging Markets ETF during the second quarter valued at approximately $505,000. OLD Mission Capital LLC acquired a new position in Fidelity Fundamental Emerging Markets ETF in the 4th quarter valued at approximately $302,000. Finally, Bleakley Financial Group LLC lifted its position in Fidelity Fundamental Emerging Markets ETF by 52.7% in the 4th quarter. Bleakley Financial Group LLC now owns 26,536 shares of the company’s stock worth $887,000 after buying an additional 9,157 shares in the last quarter.
Fidelity Fundamental Emerging Markets ETF Stock Up 0.5%
Shares of BATS:FFEM opened at $43.38 on Wednesday. The firm has a fifty day moving average of $41.76 and a two-hundred day moving average of $40.47. Fidelity Fundamental Emerging Markets ETF has a 12-month low of $30.13 and a 12-month high of $45.62. The firm has a market capitalization of $56.39 million, a P/E ratio of 16.15 and a beta of 1.01.
Fidelity Fundamental Emerging Markets ETF Profile
The Fidelity Fundamental Emerging Markets ETF (FFEM) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to achieve long-term capital growth through an actively managed portfolio of emerging markets stocks selected based on fundamental factors. The fund includes issuers of any market capitalization. FFEM was launched on Nov 19, 2024 and is issued by Fidelity.
Featured Stories
- Five stocks we like better than Fidelity Fundamental Emerging Markets ETF
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
Want to see what other hedge funds are holding FFEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Fundamental Emerging Markets ETF (BATS:FFEM – Free Report).
Receive News & Ratings for Fidelity Fundamental Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Fundamental Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
