Cassilly Financial Group LLC lifted its position in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM – Free Report) by 48.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,503 shares of the company’s stock after acquiring an additional 14,798 shares during the period. Fidelity Emerging Markets Multifactor ETF makes up approximately 1.1% of Cassilly Financial Group LLC’s portfolio, making the stock its 23rd largest position. Cassilly Financial Group LLC owned approximately 0.69% of Fidelity Emerging Markets Multifactor ETF worth $1,617,000 at the end of the most recent quarter.
Other hedge funds also recently added to or reduced their stakes in the company. Virtu Financial LLC bought a new position in Fidelity Emerging Markets Multifactor ETF in the 4th quarter valued at approximately $1,083,000. NewEdge Advisors LLC boosted its stake in Fidelity Emerging Markets Multifactor ETF by 20.7% during the 1st quarter. NewEdge Advisors LLC now owns 83,104 shares of the company’s stock valued at $2,624,000 after purchasing an additional 14,276 shares during the last quarter. Storgate LLC bought a new stake in shares of Fidelity Emerging Markets Multifactor ETF in the 4th quarter worth $9,421,000. S Harris Financial Group LLC bought a new stake in shares of Fidelity Emerging Markets Multifactor ETF in the 4th quarter worth $2,468,000. Finally, Mayfair Advisory Group LLC raised its stake in shares of Fidelity Emerging Markets Multifactor ETF by 155.2% in the first quarter. Mayfair Advisory Group LLC now owns 145,666 shares of the company’s stock worth $4,600,000 after purchasing an additional 88,582 shares during the last quarter.
Fidelity Emerging Markets Multifactor ETF Stock Performance
Shares of BATS:FDEM traded down $0.43 during midday trading on Wednesday, reaching $35.73. 71,761 shares of the company’s stock traded hands, compared to its average volume of 116,046. The company has a market cap of $235.82 million, a price-to-earnings ratio of 11.96 and a beta of 0.54. Fidelity Emerging Markets Multifactor ETF has a one year low of $29.11 and a one year high of $38.32. The stock has a 50 day moving average of $35.93 and a 200 day moving average of $35.37.
About Fidelity Emerging Markets Multifactor ETF
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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