Fidelity Metaverse ETF (NASDAQ:FMET) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Fidelity Metaverse ETF (NASDAQ:FMET)’s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $30.25 and traded as high as $31.85. Fidelity Metaverse ETF shares last traded at $31.62, with a volume of 7,909 shares trading hands.

Fidelity Metaverse ETF Stock Down 0.2 %

The firm has a 50 day moving average price of $30.25 and a 200 day moving average price of $29.90. The stock has a market cap of $34.78 million, a PE ratio of 30.10 and a beta of -1.32.

Fidelity Metaverse ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Friday, September 20th were paid a $0.012 dividend. The ex-dividend date of this dividend was Friday, September 20th. This represents a $0.05 annualized dividend and a yield of 0.15%.

Fidelity Metaverse ETF Company Profile

The Fidelity Metaverse ETF (FMET) is an exchange-traded fund that is based on the Fidelity Metaverse index. The fund tracks a market cap-weighted index of equities that provides global exposure to the future state of the internet: the metaverse. FMET was launched on Apr 19, 2022 and is managed by Fidelity.