Kestra Advisory Services LLC Acquires 43,719 Shares of Fidelity Emerging Markets Multifactor ETF $FDEM

Kestra Advisory Services LLC raised its holdings in Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) by 19.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 270,880 shares of the company’s stock after purchasing an additional 43,719 shares during the period. Kestra Advisory Services LLC owned 4.10% of Fidelity Emerging Markets Multifactor ETF worth $9,627,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Commonwealth Equity Services LLC bought a new position in Fidelity Emerging Markets Multifactor ETF in the 3rd quarter worth approximately $29,983,000. Envestnet Asset Management Inc. lifted its holdings in Fidelity Emerging Markets Multifactor ETF by 9.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 261,869 shares of the company’s stock worth $9,514,000 after purchasing an additional 23,255 shares in the last quarter. Arkadios Wealth Advisors lifted its holdings in 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 purchasing an additional 110,626 shares in the last quarter. Sunbelt Securities Inc. boosted its stake in Fidelity Emerging Markets Multifactor ETF by 81.4% in the 1st quarter. Sunbelt Securities Inc. now owns 198,066 shares of the company’s stock worth $6,255,000 after purchasing an additional 88,865 shares during the period. Finally, Mayfair Advisory Group LLC boosted its stake in Fidelity Emerging Markets Multifactor ETF by 5.0% in the 3rd quarter. Mayfair Advisory Group LLC now owns 175,463 shares of the company’s stock worth $6,236,000 after purchasing an additional 8,313 shares during the period.

Fidelity Emerging Markets Multifactor ETF Stock Up 2.5%

FDEM stock opened at $33.57 on Tuesday. The firm has a market capitalization of $496.84 million, a PE ratio of 9.97 and a beta of 0.67. Fidelity Emerging Markets Multifactor ETF has a twelve month low of $29.57 and a twelve month high of $38.32. The stock has a 50-day simple moving average of $35.22 and a two-hundred day simple moving average of $34.87.

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.