21,755 Shares in Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) Purchased by Forthright Family Wealth Advisory LLC

Forthright Family Wealth Advisory LLC acquired a new position in Fidelity Emerging Markets Multifactor ETF (BATS:FDEM) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 21,755 shares of the company’s stock, valued at approximately $522,000. Forthright Family Wealth Advisory LLC owned 2.18% of Fidelity Emerging Markets Multifactor ETF as of its most recent SEC filing.

Separately, Sunbelt Securities Inc. grew its stake in shares of Fidelity Emerging Markets Multifactor ETF by 0.9% in the 3rd quarter. Sunbelt Securities Inc. now owns 81,519 shares of the company’s stock worth $1,815,000 after purchasing an additional 748 shares during the last quarter.

Fidelity Emerging Markets Multifactor ETF Price Performance

Shares of FDEM traded up $0.02 during mid-day trading on Friday, hitting $25.85. The company’s stock had a trading volume of 10,321 shares. The company has a fifty day moving average of $25.35 and a 200-day moving average of $24.50. The company has a market cap of $62.04 million, a PE ratio of 8.18 and a beta of 0.68.

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.