Fidelity Fundamental Emerging Markets ETF (BATS:FFEM – Get Free Report) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 10,252 shares, a decrease of 44.5% from the September 15th total of 18,471 shares. Based on an average daily trading volume, of 9,851 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.8% of the company’s shares are short sold.
Fidelity Fundamental Emerging Markets ETF Price Performance
Fidelity Fundamental Emerging Markets ETF stock opened at $40.01 on Thursday. The firm has a market capitalization of $52.01 million, a price-to-earnings ratio of 16.15 and a beta of 1.01. The company’s 50 day simple moving average is $42.20 and its 200 day simple moving average is $41.47. Fidelity Fundamental Emerging Markets ETF has a fifty-two week low of $31.51 and a fifty-two week high of $45.62.
Institutional Investors Weigh In On Fidelity Fundamental Emerging Markets ETF
An institutional investor recently bought a new stake in Fidelity Fundamental Emerging Markets ETF stock. Crumly & Associates Inc. purchased a new stake in Fidelity Fundamental Emerging Markets ETF (BATS:FFEM – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 257,886 shares of the company’s stock, valued at approximately $10,822,000. Fidelity Fundamental Emerging Markets ETF makes up about 1.9% of Crumly & Associates Inc.’s holdings, making the stock its 18th biggest position. Crumly & Associates Inc. owned about 19.84% of Fidelity Fundamental Emerging Markets ETF at the end of the most recent reporting period.
About Fidelity Fundamental Emerging Markets ETF
The Fidelity Fundamental Emerging Markets ETF (FFEM) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to achieve long-term capital growth through an actively managed portfolio of emerging markets stocks selected based on fundamental factors. The fund includes issuers of any market capitalization. FFEM was launched on Nov 19, 2024 and is issued by Fidelity.
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