Fidelity Emerging Markets Multifactor ETF $FDEM Shares Sold by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC lowered its position in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) by 1.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 29,337 shares of the company’s stock after selling 443 shares during the period. Stratos Wealth Advisors LLC owned about 0.44% of Fidelity Emerging Markets Multifactor ETF worth $821,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cambridge Investment Research Advisors Inc. grew its stake in Fidelity Emerging Markets Multifactor ETF by 8.9% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 17,188 shares of the company’s stock worth $439,000 after buying an additional 1,409 shares during the last quarter. McAdam LLC boosted its holdings in shares of Fidelity Emerging Markets Multifactor ETF by 64.9% in the first quarter. McAdam LLC now owns 321,746 shares of the company’s stock valued at $8,221,000 after acquiring an additional 126,627 shares during the period. Salus Financial Advisors LLC grew its position in shares of Fidelity Emerging Markets Multifactor ETF by 18.2% during the first quarter. Salus Financial Advisors LLC now owns 270,552 shares of the company’s stock worth $6,913,000 after acquiring an additional 41,700 shares during the last quarter. Retireful LLC acquired a new position in shares of Fidelity Emerging Markets Multifactor ETF in the 2nd quarter valued at $1,122,000. Finally, Farther Finance Advisors LLC raised its position in Fidelity Emerging Markets Multifactor ETF by 96.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 44,058 shares of the company’s stock valued at $1,233,000 after purchasing an additional 21,593 shares during the last quarter.

Fidelity Emerging Markets Multifactor ETF Price Performance

Shares of BATS:FDEM opened at $30.43 on Friday. Fidelity Emerging Markets Multifactor ETF has a 1-year low of $22.63 and a 1-year high of $29.19. The stock has a market cap of $200.81 million, a P/E ratio of 11.96 and a beta of 0.54. The firm has a fifty day moving average price of $29.78 and a 200 day moving average price of $27.86.

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.