Fidelity Enhanced Emerging Markets ETF $FEMR Position Trimmed by Canvas Wealth Advisors LLC

Canvas Wealth Advisors LLC decreased its holdings in Fidelity Enhanced Emerging Markets ETF (NYSEARCA:FEMR) by 71.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,814 shares of the company’s stock after selling 19,212 shares during the period. Canvas Wealth Advisors LLC’s holdings in Fidelity Enhanced Emerging Markets ETF were worth $267,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Jane Street Group LLC acquired a new stake in shares of Fidelity Enhanced Emerging Markets ETF during the second quarter worth approximately $469,000. MFA Wealth Services acquired a new position in Fidelity Enhanced Emerging Markets ETF in the 3rd quarter valued at approximately $1,099,000. InTrack Investment Management Inc lifted its position in Fidelity Enhanced Emerging Markets ETF by 40.6% in the 4th quarter. InTrack Investment Management Inc now owns 56,953 shares of the company’s stock worth $1,853,000 after buying an additional 16,446 shares in the last quarter. SK Wealth Management LLC lifted its position in Fidelity Enhanced Emerging Markets ETF by 74.4% in the 4th quarter. SK Wealth Management LLC now owns 193,486 shares of the company’s stock worth $6,296,000 after buying an additional 82,548 shares in the last quarter. Finally, FWG Holdings LLC purchased a new stake in Fidelity Enhanced Emerging Markets ETF in the 4th quarter worth approximately $2,657,000.

Fidelity Enhanced Emerging Markets ETF Stock Down 2.7%

Fidelity Enhanced Emerging Markets ETF stock opened at $40.48 on Wednesday. The company’s fifty day simple moving average is $41.39 and its 200-day simple moving average is $37.47. Fidelity Enhanced Emerging Markets ETF has a 12 month low of $27.92 and a 12 month high of $44.41. The stock has a market cap of $153.82 million, a P/E ratio of 13.14 and a beta of 1.01.

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.