Payne Capital LLC acquired a new position in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 36,510 shares of the company’s stock, valued at approximately $1,098,000. Fidelity Emerging Markets Multifactor ETF comprises about 1.1% of Payne Capital LLC’s investment portfolio, making the stock its 26th largest position. Payne Capital LLC owned approximately 0.55% of Fidelity Emerging Markets Multifactor ETF as of its most recent filing with the SEC.
Other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in shares of Fidelity Emerging Markets Multifactor ETF during the second quarter worth about $26,000. Ameritas Advisory Services LLC purchased a new stake in Fidelity Emerging Markets Multifactor ETF during the 2nd quarter valued at approximately $27,000. Harbour Investments Inc. raised its stake in Fidelity Emerging Markets Multifactor ETF by 17.2% during the 2nd quarter. Harbour Investments Inc. now owns 3,904 shares of the company’s stock valued at $109,000 after acquiring an additional 573 shares during the last quarter. Steward Partners Investment Advisory LLC purchased a new stake in Fidelity Emerging Markets Multifactor ETF during the 2nd quarter valued at approximately $115,000. Finally, Intergy Private Wealth LLC acquired a new stake in Fidelity Emerging Markets Multifactor ETF during the 3rd quarter worth approximately $214,000.
Fidelity Emerging Markets Multifactor ETF Price Performance
Fidelity Emerging Markets Multifactor ETF stock opened at $33.60 on Wednesday. Fidelity Emerging Markets Multifactor ETF has a 12 month low of $22.63 and a 12 month high of $29.19. The business has a 50 day simple moving average of $31.58 and a 200-day simple moving average of $30.47. The stock has a market capitalization of $221.73 million, a PE ratio of 11.96 and a beta of 0.54.
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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