Fidelity Fundamental Large Cap Core ETF (BATS:FMIL) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Fidelity Fundamental Large Cap Core ETF (BATS:FMIL) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $44.65 and traded as high as $47.96. Fidelity Fundamental Large Cap Core ETF shares last traded at $47.44, with a volume of 473,641 shares changing hands.

Fidelity Fundamental Large Cap Core ETF Stock Up 0.6 %

The company has a market capitalization of $318.55 million, a P/E ratio of 21.92 and a beta of 1.06. The business’s 50-day moving average is $46.64 and its two-hundred day moving average is $44.72.

Institutional Investors Weigh In On Fidelity Fundamental Large Cap Core ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. increased its position in shares of Fidelity Fundamental Large Cap Core ETF by 15.3% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 24,629 shares of the company’s stock valued at $1,071,000 after acquiring an additional 3,267 shares during the last quarter. Creative Planning purchased a new stake in shares of Fidelity Fundamental Large Cap Core ETF during the 2nd quarter valued at $280,000. Dana Investment Advisors Inc. bought a new stake in shares of Fidelity Fundamental Large Cap Core ETF during the 2nd quarter worth $1,806,000. Fiduciary Planning LLC purchased a new position in shares of Fidelity Fundamental Large Cap Core ETF in the 2nd quarter worth about $7,035,000. Finally, Foundations Investment Advisors LLC bought a new position in Fidelity Fundamental Large Cap Core ETF during the second quarter valued at about $406,000.

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.