Fidelity Clean Energy ETF (BATS:FRNW – Get Free Report) shares passed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $21.16 and traded as high as $21.47. Fidelity Clean Energy ETF shares last traded at $21.36, with a volume of 35,835 shares changing hands.
Fidelity Clean Energy ETF Stock Up 1.9%
The company has a market capitalization of $89.71 million, a PE ratio of 21.19 and a beta of 1.15. The firm has a 50-day moving average of $21.16 and a two-hundred day moving average of $23.09.
Hedge Funds Weigh In On Fidelity Clean Energy ETF
Several large investors have recently modified their holdings of the business. Commonwealth Equity Services LLC acquired a new stake in shares of Fidelity Clean Energy ETF during the 3rd quarter worth about $206,000. Brookstone Capital Management lifted its position in Fidelity Clean Energy ETF by 31.7% in the third quarter. Brookstone Capital Management now owns 45,654 shares of the company’s stock valued at $962,000 after buying an additional 10,984 shares during the last quarter. IFP Advisors Inc acquired a new position in Fidelity Clean Energy ETF in the second quarter valued at about $62,000. Citadel Advisors LLC purchased a new position in Fidelity Clean Energy ETF during the second quarter worth about $327,000. Finally, Sunbelt Securities Inc. boosted its position in shares of Fidelity Clean Energy ETF by 3.5% during the first quarter. Sunbelt Securities Inc. now owns 11,992 shares of the company’s stock worth $277,000 after buying an additional 411 shares during the period.
About Fidelity Clean Energy ETF
The Fidelity Clean Energy ETF (FRNW) is an exchange-traded fund that is based on the Fidelity Clean Energy index, a market-cap-weighted index of global clean energy companies screened for environmental, social, and governance factors. FRNW was launched on Oct 5, 2021 and is managed by Fidelity.
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