Fidelity Fundamental Large Cap Core ETF (BATS:FMIL) Shares Up 0.3% – Should You Buy?

Fidelity Fundamental Large Cap Core ETF (BATS:FMIL) shares shot up 0.3% during mid-day trading on Monday . The stock traded as high as $47.78 and last traded at $47.70. 104,472 shares were traded during trading, The stock had previously closed at $47.57.

Fidelity Fundamental Large Cap Core ETF Stock Down 0.3 %

The firm has a market cap of $316.78 million, a price-to-earnings ratio of 21.92 and a beta of 1.06. The company’s 50-day moving average price is $45.55 and its 200-day moving average price is $43.93.

Institutional Trading of Fidelity Fundamental Large Cap Core ETF

Several hedge funds have recently added to or reduced their stakes in FMIL. Envestnet Portfolio Solutions Inc. raised its holdings in Fidelity Fundamental Large Cap Core ETF by 4.2% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 21,362 shares of the company’s stock valued at $892,000 after acquiring an additional 861 shares in the last quarter. EP Wealth Advisors LLC acquired a new stake in Fidelity Fundamental Large Cap Core ETF in the first quarter valued at approximately $109,000. Tactive Advisors LLC acquired a new stake in Fidelity Fundamental Large Cap Core ETF in the first quarter valued at approximately $2,278,000. Atria Wealth Solutions Inc. raised its holdings in Fidelity Fundamental Large Cap Core ETF by 97.7% in the second quarter. Atria Wealth Solutions Inc. now owns 69,186 shares of the company’s stock valued at $3,008,000 after acquiring an additional 34,189 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in Fidelity Fundamental Large Cap Core ETF by 13.9% in the second 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 acquiring an additional 1,230 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.