Midwest Financial Network LLC Makes New $778,000 Investment in Fidelity International Multifactor ETF $FDEV

Midwest Financial Network LLC bought a new stake in shares of Fidelity International Multifactor ETF (BATS:FDEV) in the 1st quarter, Holdings Channel reports. The firm bought 21,797 shares of the company’s stock, valued at approximately $778,000.

A number of other hedge funds have also recently modified their holdings of FDEV. Jane Street Group LLC raised its holdings in shares of Fidelity International Multifactor ETF by 689.3% in the first quarter. Jane Street Group LLC now owns 300,000 shares of the company’s stock worth $8,814,000 after buying an additional 261,994 shares during the period. Raymond James Financial Inc. bought a new position in Fidelity International Multifactor ETF in the 2nd quarter valued at $7,920,000. Kestra Advisory Services LLC increased its stake in Fidelity International Multifactor ETF by 230.2% in the first quarter. Kestra Advisory Services LLC now owns 53,068 shares of the company’s stock worth $1,893,000 after purchasing an additional 36,996 shares during the period. Flow Traders U.S. LLC purchased a new stake in Fidelity International Multifactor ETF in the third quarter worth $1,132,000. Finally, Citadel Advisors LLC lifted its position in shares of Fidelity International Multifactor ETF by 364.3% during the third quarter. Citadel Advisors LLC now owns 43,463 shares of the company’s stock worth $1,441,000 after purchasing an additional 34,102 shares during the last quarter.

Fidelity International Multifactor ETF Trading Down 0.8%

BATS:FDEV opened at $37.15 on Friday. The company has a market cap of $193.18 million, a price-to-earnings ratio of 16.06 and a beta of 0.73. Fidelity International Multifactor ETF has a twelve month low of $31.69 and a twelve month high of $38.08. The stock has a fifty day simple moving average of $36.07 and a 200-day simple moving average of $36.28.

Fidelity International Multifactor ETF Company 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.