Lincoln National Corp Has $1.07 Million Position in Fidelity International Multifactor ETF (BATS:FDEV)

Lincoln National Corp lifted its position in Fidelity International Multifactor ETF (BATS:FDEV) by 44.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,159 shares of the company’s stock after buying an additional 12,370 shares during the period. Lincoln National Corp owned about 0.07% of Fidelity International Multifactor ETF worth $1,070,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Financial Management Network Inc. boosted its stake in Fidelity International Multifactor ETF by 3.1% in the 4th quarter. Financial Management Network Inc. now owns 27,465 shares of the company’s stock worth $728,000 after purchasing an additional 823 shares during the period. International Assets Investment Management LLC bought a new stake in shares of Fidelity International Multifactor ETF in the fourth quarter valued at about $736,000. Finally, Kestra Private Wealth Services LLC boosted its position in shares of Fidelity International Multifactor ETF by 7.0% during the fourth quarter. Kestra Private Wealth Services LLC now owns 39,569 shares of the company’s stock worth $1,054,000 after buying an additional 2,591 shares during the period.

Fidelity International Multifactor ETF Stock Performance

BATS:FDEV opened at $27.68 on Friday. The stock’s 50-day moving average price is $27.14 and its 200-day moving average price is $26.40. The company has a market capitalization of $69.21 million, a P/E ratio of 15.27 and a beta of 0.69.

Fidelity International Multifactor ETF 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.