Midwest Financial Network LLC Invests $778,000 in Fidelity International Multifactor ETF $FDEV

Midwest Financial Network LLC bought a new position in shares of Fidelity International Multifactor ETF (BATS:FDEV) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 21,797 shares of the company’s stock, valued at approximately $778,000. Midwest Financial Network LLC owned about 0.42% of Fidelity International Multifactor ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of FDEV. Elyxium Wealth LLC bought a new stake in Fidelity International Multifactor ETF in the 4th quarter valued at $30,000. IFP Advisors Inc bought a new position in shares of Fidelity International Multifactor ETF during the 4th quarter valued at about $55,000. Wells Fargo & Company MN purchased a new position in shares of Fidelity International Multifactor ETF during the fourth quarter valued at about $65,000. J.W. Cole Advisors Inc. bought a new stake in shares of Fidelity International Multifactor ETF in the fourth quarter worth about $202,000. Finally, ShoreHaven Wealth Partners LLC bought a new stake in shares of Fidelity International Multifactor ETF in the fourth quarter worth about $256,000.

Fidelity International Multifactor ETF Trading Down 0.8%

BATS:FDEV opened at $37.15 on Friday. The business’s 50-day moving average is $36.07 and its 200 day moving average is $36.28. Fidelity International Multifactor ETF has a 12 month low of $31.69 and a 12 month high of $38.08. The company has a market capitalization of $193.18 million, a P/E ratio of 16.06 and a beta of 0.73.

Fidelity International Multifactor ETF Profile

The Fidelity International Multifactor ETF (FDEV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factored index of developed ex-US companies. FDEV was launched on Feb 26, 2019 and is managed by Fidelity.