Fidelity Fundamental Large Cap Core ETF (BATS:FMIL) Stock Price Down 0.4% – Here’s What Happened

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

Fidelity Fundamental Large Cap Core ETF Stock Performance

The stock has a 50 day moving average of $46.86 and a 200-day moving average of $45.16. The company has a market cap of $307.46 million, a PE ratio of 21.92 and a beta of 1.06.

Institutional Investors Weigh In On Fidelity Fundamental Large Cap Core ETF

Several hedge funds have recently added to or reduced their stakes in FMIL. Creative Planning acquired a new position in shares of Fidelity Fundamental Large Cap Core ETF in the 2nd quarter valued at about $280,000. Cambridge Investment Research Advisors Inc. grew its stake in shares of Fidelity Fundamental Large Cap Core ETF by 50.7% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 23,284 shares of the company’s stock worth $1,012,000 after purchasing an additional 7,836 shares during the period. Thoroughbred Financial Services LLC increased its holdings in shares of Fidelity Fundamental Large Cap Core ETF by 50.2% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 24,586 shares of the company’s stock valued at $1,068,000 after purchasing an additional 8,213 shares in the last quarter. Foundations Investment Advisors LLC acquired a new position in shares of Fidelity Fundamental Large Cap Core ETF in the 2nd quarter valued at $406,000. Finally, Envestnet Asset Management Inc. boosted its holdings in Fidelity Fundamental Large Cap Core ETF by 9.8% during the second quarter. Envestnet Asset Management Inc. now owns 113,485 shares of the company’s stock worth $4,934,000 after buying an additional 10,170 shares in the last quarter.

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.