Dahring Cusmano LLC Purchases Shares of 10,981 Fidelity Emerging Markets Multifactor ETF (BATS:FDEM)

Dahring Cusmano LLC acquired a new stake in Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) in the 4th quarter, HoldingsChannel reports. The fund acquired 10,981 shares of the company’s stock, valued at approximately $277,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Merkkuri Wealth Advisors LLC boosted its stake in shares of Fidelity Emerging Markets Multifactor ETF by 0.8% in the fourth quarter. Merkkuri Wealth Advisors LLC now owns 61,534 shares of the company’s stock valued at $1,553,000 after purchasing an additional 503 shares during the period. FMR LLC boosted its stake in shares of Fidelity Emerging Markets Multifactor ETF by 151.8% in the third quarter. FMR LLC now owns 1,108 shares of the company’s stock valued at $30,000 after purchasing an additional 668 shares during the period. MML Investors Services LLC boosted its stake in shares of Fidelity Emerging Markets Multifactor ETF by 9.0% in the third quarter. MML Investors Services LLC now owns 10,114 shares of the company’s stock valued at $274,000 after purchasing an additional 836 shares during the period. Larson Financial Group LLC purchased a new position in shares of Fidelity Emerging Markets Multifactor ETF in the third quarter valued at approximately $26,000. Finally, Principal Securities Inc. purchased a new position in Fidelity Emerging Markets Multifactor ETF in the fourth quarter worth approximately $63,000.

Fidelity Emerging Markets Multifactor ETF Stock Up 5.4 %

Shares of Fidelity Emerging Markets Multifactor ETF stock opened at $26.30 on Friday. The business has a 50-day moving average price of $25.73 and a 200 day moving average price of $25.99. The stock has a market capitalization of $63.13 million, a P/E ratio of 8.18 and a beta of 0.68.

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.