Can MDM track my location?
If you didn’t give the app location permission then the app cannot access your location. If you gave it permission then theoretically yes, it could track you.

From this:

How to turn Location Services on or off for specific apps


  
  Go to Settings > Privacy > Location Services.
  Make sure that Location Services is on.
  Scroll down to find the app.
  Tap the app and select an option:
  
  
  Never: Prevents access to Location Services information.
  While Using the App: Allows access to Location Services only when the app or one of its features is visible on screen. If an app is set
  to While Using the App, you might see your status bar turn blue with a
  message that an app is actively using your location.
  Always: Allows access to your location even when the app is in the background.