Virtu Financial LLC Makes New $1.08 Million Investment in Fidelity Emerging Markets Multifactor ETF $FDEM

Virtu Financial LLC bought a new stake in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 35,076 shares of the company’s stock, valued at approximately $1,083,000. Virtu Financial LLC owned approximately 0.53% of Fidelity Emerging Markets Multifactor ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Raymond James Financial Inc. bought a new position in shares of Fidelity Emerging Markets Multifactor ETF in the 2nd quarter worth $26,000. Jane Street Group LLC bought a new stake in Fidelity Emerging Markets Multifactor ETF during the second quarter valued at about $5,411,000. MML Investors Services LLC boosted its position in Fidelity Emerging Markets Multifactor ETF by 31.6% during the second quarter. MML Investors Services LLC now owns 93,892 shares of the company’s stock valued at $2,628,000 after purchasing an additional 22,528 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Fidelity Emerging Markets Multifactor ETF by 74.2% in the third quarter. Envestnet Asset Management Inc. now owns 83,308 shares of the company’s stock valued at $2,506,000 after purchasing an additional 35,491 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Fidelity Emerging Markets Multifactor ETF by 47.7% in the third quarter. JPMorgan Chase & Co. now owns 58,535 shares of the company’s stock valued at $1,761,000 after purchasing an additional 18,894 shares during the last quarter.

Fidelity Emerging Markets Multifactor ETF Stock Performance

Shares of Fidelity Emerging Markets Multifactor ETF stock opened at $37.62 on Monday. The company has a market capitalization of $248.29 million, a PE ratio of 11.96 and a beta of 0.54. The company has a 50-day simple moving average of $35.89 and a two-hundred day simple moving average of $33.59. Fidelity Emerging Markets Multifactor ETF has a one year low of $26.83 and a one year high of $38.32.

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.