Fidelity Fundamental Large Cap Core ETF (BATS:FMIL) Stock Price Down 0.4% – Time to Sell?

Fidelity Fundamental Large Cap Core ETF (BATS:FMIL)’s stock price traded down 0.4% during mid-day trading on Tuesday . The company traded as low as $45.77 and last traded at $45.89. 65,295 shares changed hands during trading, The stock had previously closed at $46.09.

Fidelity Fundamental Large Cap Core ETF Stock Down 0.4 %

The business’s fifty day moving average is $46.86 and its two-hundred day moving average is $45.16. The stock has a market cap of $307.46 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 modified their holdings of the company. Creative Planning purchased a new stake in Fidelity Fundamental Large Cap Core ETF during the 2nd quarter worth about $280,000. Foundations Investment Advisors LLC acquired a new position in Fidelity Fundamental Large Cap Core ETF in the second quarter valued at approximately $406,000. Cambridge Investment Research Advisors Inc. increased its stake in Fidelity Fundamental Large Cap Core ETF by 50.7% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 23,284 shares of the company’s stock valued at $1,012,000 after purchasing an additional 7,836 shares during the last quarter. Thoroughbred Financial Services LLC raised its holdings in Fidelity Fundamental Large Cap Core ETF by 50.2% during the second quarter. Thoroughbred Financial Services LLC now owns 24,586 shares of the company’s stock worth $1,068,000 after purchasing an additional 8,213 shares in the last quarter. Finally, Dana Investment Advisors Inc. acquired a new position in shares of Fidelity Fundamental Large Cap Core ETF in the 2nd quarter valued at $1,806,000.

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.