26,071 Shares of Fidelity Emerging Markets Multifactor ETF $FDEM Purchased by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. purchased a new stake in Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 26,071 shares of the company’s stock, valued at approximately $927,000. Schmidt P J Investment Management Inc. owned approximately 0.40% of Fidelity Emerging Markets Multifactor ETF as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Mayfair Advisory Group LLC increased its position in shares of Fidelity Emerging Markets Multifactor ETF by 5.0% during the third quarter. Mayfair Advisory Group LLC now owns 175,463 shares of the company’s stock valued at $6,236,000 after purchasing an additional 8,313 shares during the period. IFP Advisors Inc lifted its position in Fidelity Emerging Markets Multifactor ETF by 3.5% in the third quarter. IFP Advisors Inc now owns 24,790 shares of the company’s stock worth $881,000 after purchasing an additional 845 shares during the period. CoreCap Advisors LLC lifted its position in Fidelity Emerging Markets Multifactor ETF by 428.6% in the third quarter. CoreCap Advisors LLC now owns 1,866 shares of the company’s stock worth $66,000 after purchasing an additional 1,513 shares during the period. Cassilly Financial Group LLC lifted its position in Fidelity Emerging Markets Multifactor ETF by 48.2% in the third quarter. Cassilly Financial Group LLC now owns 45,503 shares of the company’s stock worth $1,617,000 after purchasing an additional 14,798 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake 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 worth $9,514,000 after buying an additional 23,255 shares in the last quarter.

Fidelity Emerging Markets Multifactor ETF Price Performance

Shares of Fidelity Emerging Markets Multifactor ETF stock opened at $33.80 on Thursday. The firm has a market capitalization of $223.08 million, a PE ratio of 11.96 and a beta of 0.54. The company’s fifty day moving average price is $35.42 and its two-hundred day moving average price is $34.87. Fidelity Emerging Markets Multifactor ETF has a 52-week low of $29.57 and a 52-week high of $38.32.

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.