Fidelity International Multifactor ETF $FDEV Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its stake in shares of Fidelity International Multifactor ETF (BATS:FDEV) by 61.6% in the third quarter, HoldingsChannel reports. The firm owned 47,603 shares of the company’s stock after purchasing an additional 18,148 shares during the quarter. JPMorgan Chase & Co.’s holdings in Fidelity International Multifactor ETF were worth $1,578,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Kestra Private Wealth Services LLC boosted its position in Fidelity International Multifactor ETF by 5.2% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 13,207 shares of the company’s stock valued at $438,000 after purchasing an additional 655 shares during the period. Clarity Asset Management Inc. acquired a new position in Fidelity International Multifactor ETF during the 2nd quarter valued at approximately $29,000. Elm3 Financial Group LLC boosted its position in Fidelity International Multifactor ETF by 4.6% during the 3rd quarter. Elm3 Financial Group LLC now owns 37,985 shares of the company’s stock valued at $1,259,000 after purchasing an additional 1,682 shares during the period. Cornerstone Planning Group LLC acquired a new position in Fidelity International Multifactor ETF during the 3rd quarter valued at approximately $66,000. Finally, Dentgroup LLC boosted its position in Fidelity International Multifactor ETF by 35.1% during the 3rd quarter. Dentgroup LLC now owns 11,394 shares of the company’s stock valued at $378,000 after purchasing an additional 2,958 shares during the period.

Fidelity International Multifactor ETF Price Performance

BATS:FDEV opened at $36.90 on Thursday. The business has a 50 day simple moving average of $36.38 and a 200 day simple moving average of $34.87. The firm has a market capitalization of $191.88 million, a P/E ratio of 16.06 and a beta of 0.73. Fidelity International Multifactor ETF has a 12-month low of $26.75 and a 12-month high of $38.08.

About Fidelity International Multifactor ETF

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.