Midwest Financial Network LLC Has $1.37 Million Position in Fidelity International Multifactor ETF $FDEV

Midwest Financial Network LLC raised its position in Fidelity International Multifactor ETF (BATS:FDEV) by 77.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,689 shares of the company’s stock after buying an additional 16,892 shares during the quarter. Midwest Financial Network LLC owned 0.74% of Fidelity International Multifactor ETF worth $1,373,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Elyxium Wealth LLC acquired a new stake in shares of Fidelity International Multifactor ETF during the fourth quarter worth $30,000. IFP Advisors Inc acquired a new position in shares of Fidelity International Multifactor ETF in the fourth quarter valued at about $55,000. Wells Fargo & Company MN acquired a new position in shares of Fidelity International Multifactor ETF in the fourth quarter valued at about $65,000. J.W. Cole Advisors Inc. bought a new position in Fidelity International Multifactor ETF during the fourth quarter worth about $202,000. Finally, ShoreHaven Wealth Partners LLC bought a new position in Fidelity International Multifactor ETF during the fourth quarter worth about $256,000.

Fidelity International Multifactor ETF Stock Down 0.2%

Shares of Fidelity International Multifactor ETF stock opened at $37.32 on Thursday. Fidelity International Multifactor ETF has a twelve month low of $32.34 and a twelve month high of $38.08. The company has a 50-day simple moving average of $36.12 and a two-hundred day simple moving average of $36.32. The stock has a market capitalization of $194.06 million, a price-to-earnings ratio of 16.06 and a beta of 0.73.

Fidelity International Multifactor ETF Profile

The Fidelity International Multifactor ETF (FDEV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factored index of developed ex-US companies. FDEV was launched on Feb 26, 2019 and is managed by Fidelity.