Dentgroup LLC Has $412,000 Stock Holdings in Fidelity Emerging Markets Multifactor ETF (BATS:FDEM)

Dentgroup LLC grew its stake in shares of Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) by 44.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,344 shares of the company’s stock after purchasing an additional 5,033 shares during the period. Dentgroup LLC owned approximately 0.68% of Fidelity Emerging Markets Multifactor ETF worth $412,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in FDEM. FMR LLC boosted its holdings in Fidelity Emerging Markets Multifactor ETF by 151.8% in the third quarter. FMR LLC now owns 1,108 shares of the company’s stock worth $30,000 after acquiring an additional 668 shares in the last quarter. MML Investors Services LLC lifted its holdings in shares of Fidelity Emerging Markets Multifactor ETF by 9.0% in the 3rd quarter. MML Investors Services LLC now owns 10,114 shares of the company’s stock worth $274,000 after purchasing an additional 836 shares in the last quarter. Larson Financial Group LLC acquired a new stake in Fidelity Emerging Markets Multifactor ETF in the 3rd quarter valued at $26,000. Sunbelt Securities Inc. increased its stake in Fidelity Emerging Markets Multifactor ETF by 2.6% during the 2nd quarter. Sunbelt Securities Inc. now owns 79,587 shares of the company’s stock valued at $2,037,000 after purchasing an additional 2,024 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in Fidelity Emerging Markets Multifactor ETF by 27.4% during the third quarter. Farther Finance Advisors LLC now owns 12,766 shares of the company’s stock worth $345,000 after buying an additional 2,743 shares during the last quarter.

Fidelity Emerging Markets Multifactor ETF Stock Performance

Shares of BATS FDEM traded up $0.24 during mid-day trading on Friday, reaching $25.47. 32,003 shares of the company’s stock traded hands. The company has a market capitalization of $61.13 million, a PE ratio of 8.18 and a beta of 0.68. The business has a fifty day moving average of $25.95 and a 200-day moving average of $26.04.

About Fidelity Emerging Markets Multifactor ETF

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.