Mayfair Advisory Group LLC Has $4.60 Million Position in Fidelity Emerging Markets Multifactor ETF $FDEM

Mayfair Advisory Group LLC raised its stake in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) by 155.2% during the 1st quarter, HoldingsChannel reports. The firm owned 145,666 shares of the company’s stock after purchasing an additional 88,582 shares during the quarter. Fidelity Emerging Markets Multifactor ETF comprises 1.6% of Mayfair Advisory Group LLC’s holdings, making the stock its 13th biggest position. Mayfair Advisory Group LLC’s holdings in Fidelity Emerging Markets Multifactor ETF were worth $4,600,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in shares of Fidelity Emerging Markets Multifactor ETF during the 2nd quarter worth $26,000. Jane Street Group LLC bought a new position in Fidelity Emerging Markets Multifactor ETF in the 2nd quarter worth $5,411,000. MML Investors Services LLC lifted its position in Fidelity Emerging Markets Multifactor ETF by 31.6% during the 2nd quarter. MML Investors Services LLC now owns 93,892 shares of the company’s stock worth $2,628,000 after acquiring an additional 22,528 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in Fidelity Emerging Markets Multifactor ETF by 74.2% during the third quarter. Envestnet Asset Management Inc. now owns 83,308 shares of the company’s stock valued at $2,506,000 after acquiring an additional 35,491 shares during the period. Finally, JPMorgan Chase & Co. grew its position in shares of 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

Fidelity Emerging Markets Multifactor ETF stock opened at $35.83 on Friday. Fidelity Emerging Markets Multifactor ETF has a 52 week low of $27.75 and a 52 week high of $38.32. The firm has a market capitalization of $236.48 million, a PE ratio of 11.96 and a beta of 0.54. The business’s 50-day simple moving average is $36.13 and its 200-day simple moving average is $33.76.

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.