Fidelity Metaverse ETF (NASDAQ:FMET – Get Free Report) announced a quarterly dividend on Thursday, September 17th. Investors of record on Friday, September 18th will be given a dividend of 0.108 per share on Tuesday, September 22nd. This represents a c) annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Friday, September 18th. This is a 61.2% increase from Fidelity Metaverse ETF’s previous quarterly dividend of $0.07.
Fidelity Metaverse ETF Stock Performance
Fidelity Metaverse ETF stock opened at $38.76 on Friday. Fidelity Metaverse ETF has a 1 year low of $30.14 and a 1 year high of $40.25. The firm has a 50 day moving average price of $38.06 and a 200 day moving average price of $36.39. The company has a market cap of $77.47 million, a price-to-earnings ratio of 23.47 and a beta of 1.21.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FMET. Citadel Advisors LLC increased its stake in Fidelity Metaverse ETF by 47.3% during the second quarter. Citadel Advisors LLC now owns 68,382 shares of the company’s stock worth $2,516,000 after acquiring an additional 21,950 shares during the last quarter. Community Bank & Trust Waco Texas purchased a new position in Fidelity Metaverse ETF in the second quarter valued at approximately $197,000. Nwam LLC acquired a new position in Fidelity Metaverse ETF during the second quarter valued at approximately $188,000. Finally, Trust Co. of Vermont purchased a new stake in Fidelity Metaverse ETF during the second quarter worth approximately $121,000.
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.
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