Fidelity Emerging Markets Multifactor ETF $FDEM Stock Purchased by Cassilly Financial Group LLC

Cassilly Financial Group LLC increased its holdings in Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) by 48.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 45,503 shares of the company’s stock after acquiring an additional 14,798 shares during the quarter. Fidelity Emerging Markets Multifactor ETF accounts for 1.1% of Cassilly Financial Group LLC’s portfolio, making the stock its 23rd largest position. Cassilly Financial Group LLC’s holdings in Fidelity Emerging Markets Multifactor ETF were worth $1,617,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its holdings in Fidelity Emerging Markets Multifactor ETF by 9.7% during the second quarter. Envestnet Asset Management Inc. now owns 261,869 shares of the company’s stock valued at $9,514,000 after buying an additional 23,255 shares during the last quarter. Storgate LLC bought a new position in Fidelity Emerging Markets Multifactor ETF in the fourth quarter worth approximately $9,421,000. Arkadios Wealth Advisors boosted its stake in shares of Fidelity Emerging Markets Multifactor ETF by 113.8% during the 1st quarter. Arkadios Wealth Advisors now owns 207,872 shares of the company’s stock worth $6,565,000 after acquiring an additional 110,626 shares during the last quarter. Kestra Advisory Services LLC boosted its stake in shares of Fidelity Emerging Markets Multifactor ETF by 10.3% during the 1st quarter. Kestra Advisory Services LLC now owns 207,746 shares of the company’s stock worth $6,561,000 after acquiring an additional 19,389 shares during the last quarter. Finally, Sunbelt Securities Inc. grew its position in shares of Fidelity Emerging Markets Multifactor ETF by 81.4% during the 1st quarter. Sunbelt Securities Inc. now owns 198,066 shares of the company’s stock valued at $6,255,000 after acquiring an additional 88,865 shares during the period.

Fidelity Emerging Markets Multifactor ETF Stock Performance

Shares of FDEM stock traded down $0.43 during mid-day 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 firm has a market capitalization of $235.82 million, a PE ratio of 11.96 and a beta of 0.54. Fidelity Emerging Markets Multifactor ETF has a 12 month low of $29.11 and a 12 month high of $38.32. The firm has a 50 day moving average price of $35.93 and a two-hundred day moving average price 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.