MML Investors Services LLC Purchases 836 Shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM)

MML Investors Services LLC raised its position in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) by 9.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 10,114 shares of the company’s stock after buying an additional 836 shares during the quarter. MML Investors Services LLC owned about 0.42% of Fidelity Emerging Markets Multifactor ETF worth $274,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Commonwealth Equity Services LLC lifted its holdings in shares of Fidelity Emerging Markets Multifactor ETF by 19.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 672,951 shares of the company’s stock valued at $17,224,000 after purchasing an additional 108,584 shares during the last quarter. Farther Finance Advisors LLC increased its position in Fidelity Emerging Markets Multifactor ETF by 491.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 10,023 shares of the company’s stock valued at $257,000 after buying an additional 8,327 shares in the last quarter. Birchcreek Wealth Management LLC purchased a new stake in Fidelity Emerging Markets Multifactor ETF in the second quarter valued at about $349,000. Sunbelt Securities Inc. boosted its holdings in Fidelity Emerging Markets Multifactor ETF by 2.6% in the second quarter. Sunbelt Securities Inc. now owns 79,587 shares of the company’s stock worth $2,037,000 after acquiring an additional 2,024 shares in the last quarter. Finally, McAdam LLC purchased a new stake in shares of Fidelity Emerging Markets Multifactor ETF during the third quarter worth about $908,000.

Fidelity Emerging Markets Multifactor ETF Stock Down 0.4 %

Shares of Fidelity Emerging Markets Multifactor ETF stock opened at $25.65 on Thursday. The firm has a 50 day moving average of $26.10 and a 200 day moving average of $26.06. The stock has a market cap of $61.56 million, a price-to-earnings ratio of 8.18 and a beta of 0.68.

Fidelity Emerging Markets Multifactor ETF Company Profile

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.