SK Wealth Management LLC raised its position in shares of Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR – Free Report) by 173.2% in the third quarter, Holdings Channel reports. The firm owned 110,938 shares of the company’s stock after acquiring an additional 70,331 shares during the quarter. Fidelity Enhanced Emerging Markets ETF accounts for 1.3% of SK Wealth Management LLC’s holdings, making the stock its 19th biggest holding. SK Wealth Management LLC owned approximately 0.09% of Fidelity Enhanced Emerging Markets ETF worth $3,483,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in FEMR. Canvas Wealth Advisors LLC purchased a new stake in Fidelity Enhanced Emerging Markets ETF during the 2nd quarter valued at $309,000. Elm3 Financial Group LLC purchased a new stake in Fidelity Enhanced Emerging Markets ETF in the second quarter worth approximately $375,000. Jane Street Group LLC purchased a new stake in Fidelity Enhanced Emerging Markets ETF during the 2nd quarter valued at $469,000. Finally, InTrack Investment Management Inc bought a new position in shares of Fidelity Enhanced Emerging Markets ETF during the 2nd quarter valued at $703,000.
Fidelity Enhanced Emerging Markets ETF Price Performance
FEMR stock opened at $31.68 on Friday. Fidelity Enhanced Emerging Markets ETF has a 1 year low of $22.11 and a 1 year high of $32.71. The stock’s fifty day moving average price is $31.69 and its 200-day moving average price is $30.04. The company has a market cap of $38.02 million, a P/E ratio of 13.14 and a beta of 1.57.
About Fidelity Enhanced Emerging Markets ETF
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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Want to see what other hedge funds are holding FEMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR – Free Report).
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