Envestnet Asset Management Inc. Grows Holdings in Fidelity International Multifactor ETF $FDEV

Envestnet Asset Management Inc. increased its holdings in Fidelity International Multifactor ETF (BATS:FDEV) by 167.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,139 shares of the company’s stock after acquiring an additional 25,782 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Fidelity International Multifactor ETF were worth $1,364,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of FDEV. Jane Street Group LLC increased its stake in shares of Fidelity International Multifactor ETF by 689.3% during the first quarter. Jane Street Group LLC now owns 300,000 shares of the company’s stock valued at $8,814,000 after purchasing an additional 261,994 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Fidelity International Multifactor ETF in the 2nd quarter worth approximately $7,920,000. Apex Wealth Management LLC increased its position in Fidelity International Multifactor ETF by 18.5% during the 3rd quarter. Apex Wealth Management LLC now owns 134,722 shares of the company’s stock valued at $4,466,000 after buying an additional 21,046 shares in the last quarter. Osaic Holdings Inc. raised its stake in Fidelity International Multifactor ETF by 33.3% during the second quarter. Osaic Holdings Inc. now owns 49,236 shares of the company’s stock valued at $1,605,000 after buying an additional 12,313 shares during the last quarter. Finally, Elm3 Financial Group LLC raised its stake in Fidelity International Multifactor ETF by 4.6% during the third quarter. Elm3 Financial Group LLC now owns 37,985 shares of the company’s stock valued at $1,259,000 after buying an additional 1,682 shares during the last quarter.

Fidelity International Multifactor ETF Trading Up 0.2%

BATS FDEV opened at $37.76 on Monday. Fidelity International Multifactor ETF has a 12 month low of $26.56 and a 12 month high of $38.08. The stock’s fifty day moving average price is $36.15 and its 200-day moving average price is $34.36. The stock has a market cap of $196.35 million, a P/E ratio of 16.06 and a beta of 0.73.

About Fidelity International Multifactor ETF

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.