Fidelity Fundamental Emerging Markets ETF $FFEM Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC lowered its position in Fidelity Fundamental Emerging Markets ETF (BATS:FFEM) by 16.0% during the third quarter, Holdings Channel.com reports. The fund owned 76,531 shares of the company’s stock after selling 14,621 shares during the quarter. Kestra Advisory Services LLC owned 0.06% of Fidelity Fundamental Emerging Markets ETF worth $3,211,000 at the end of the most recent quarter.

Separately, Commonwealth Equity Services LLC purchased a new stake in Fidelity Fundamental Emerging Markets ETF during the third quarter valued at about $2,152,000.

Fidelity Fundamental Emerging Markets ETF Trading Down 0.1%

BATS:FFEM traded down $0.04 on Friday, hitting $38.15. 4,450 shares of the stock were exchanged, compared to its average volume of 18,829. The stock has a market cap of $61.04 million, a PE ratio of 12.20 and a beta of 1.10. The stock has a fifty day moving average of $40.55 and a 200-day moving average of $40.20. Fidelity Fundamental Emerging Markets ETF has a fifty-two week low of $31.51 and a fifty-two week high of $45.62.

About Fidelity Fundamental Emerging Markets ETF

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.