Financial Management Network Inc. Has $442,000 Stake in Fidelity International Multifactor ETF (BATS:FDEV)

Financial Management Network Inc. trimmed its position in shares of Fidelity International Multifactor ETF (BATS:FDEV) by 13.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,120 shares of the company’s stock after selling 2,406 shares during the period. Financial Management Network Inc. owned 0.64% of Fidelity International Multifactor ETF worth $442,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, FMR LLC increased its holdings in Fidelity International Multifactor ETF by 417.4% during the third quarter. FMR LLC now owns 2,742 shares of the company’s stock worth $81,000 after buying an additional 2,212 shares during the last quarter.

Fidelity International Multifactor ETF Stock Performance

Shares of FDEV opened at $29.09 on Wednesday. The stock’s fifty day moving average price is $27.97 and its two-hundred day moving average price is $28.47. The firm has a market capitalization of $72.72 million, a P/E ratio of 15.27 and a beta of 0.69.

Fidelity International Multifactor ETF Company Profile

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.