Fidelity Fundamental Large Cap Core ETF (BATS:FMIL) Stock Crosses Above 200-Day Moving Average – Here’s Why

Fidelity Fundamental Large Cap Core ETF (BATS:FMIL) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $44.19 and traded as high as $46.86. Fidelity Fundamental Large Cap Core ETF shares last traded at $46.84, with a volume of 352,029 shares.

Fidelity Fundamental Large Cap Core ETF Trading Up 0.3 %

The company has a fifty day moving average price of $46.02 and a two-hundred day moving average price of $44.19. The firm has a market capitalization of $313.83 million, a price-to-earnings ratio of 21.92 and a beta of 1.06.

Hedge Funds Weigh In On Fidelity Fundamental Large Cap Core ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. EP Wealth Advisors LLC purchased a new position in shares of Fidelity Fundamental Large Cap Core ETF during the 1st quarter worth $109,000. Ameritas Advisory Services LLC increased its position in Fidelity Fundamental Large Cap Core ETF by 4.6% during the second quarter. Ameritas Advisory Services LLC now owns 5,674 shares of the company’s stock worth $247,000 after purchasing an additional 250 shares during the last quarter. Creative Planning purchased a new position in Fidelity Fundamental Large Cap Core ETF during the second quarter worth about $280,000. Foundations Investment Advisors LLC acquired a new position in Fidelity Fundamental Large Cap Core ETF in the 2nd quarter valued at about $406,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake in shares of Fidelity Fundamental Large Cap Core ETF by 13.9% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 10,069 shares of the company’s stock valued at $438,000 after buying an additional 1,230 shares during the period.

Fidelity Fundamental Large Cap Core ETF Company Profile

The Fidelity New Millennium ETF (FMIL) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed, non-transparent ETF that provides exposure to fundamentally-selected global companies potentially benefiting from long-term changes in the marketplace. The fund utilizes the Fidelity non-transparent model.