Mayfair Advisory Group LLC Has $1.81 Million Holdings in Fidelity Emerging Markets Multifactor ETF $FDEM

Mayfair Advisory Group LLC lifted its position in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) by 97.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,084 shares of the company’s stock after purchasing an additional 28,133 shares during the quarter. Mayfair Advisory Group LLC owned approximately 0.86% of Fidelity Emerging Markets Multifactor ETF worth $1,805,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Archer Investment Management LLC acquired a new stake in shares of Fidelity Emerging Markets Multifactor ETF during the 3rd quarter worth approximately $6,869,000. Dentgroup LLC grew its holdings in shares of Fidelity Emerging Markets Multifactor ETF by 63.6% during the 3rd quarter. Dentgroup LLC now owns 43,084 shares of the company’s stock worth $1,296,000 after purchasing an additional 16,757 shares in the last quarter. Cassilly Financial Group LLC acquired a new stake in shares of Fidelity Emerging Markets Multifactor ETF during the 4th quarter worth approximately $694,000. von Borstel & Associates Inc. acquired a new stake in shares of Fidelity Emerging Markets Multifactor ETF during the 3rd quarter worth approximately $3,338,000. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Fidelity Emerging Markets Multifactor ETF by 2.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 956,075 shares of the company’s stock worth $28,759,000 after purchasing an additional 26,705 shares in the last quarter.

Fidelity Emerging Markets Multifactor ETF Trading Up 0.5%

Shares of BATS:FDEM opened at $32.02 on Wednesday. Fidelity Emerging Markets Multifactor ETF has a 1-year low of $22.63 and a 1-year high of $35.50. The firm has a market capitalization of $211.33 million, a PE ratio of 11.96 and a beta of 0.54. The business’s 50 day moving average is $33.05 and its 200-day moving average is $31.67.

Fidelity Emerging Markets Multifactor ETF 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.