Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Trading Down 0.3% – What’s Next?

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG – Get Free Report)’s stock price dropped 0.3% during mid-day trading on Friday . The stock traded as low as $41.21 and last traded at $41.88. 18,993 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 47,021 shares. The stock had previously closed at $41.99.

Fidelity Crypto Industry and Digital Payments ETF Stock Down 0.3%

The business has a fifty day simple moving average of $42.51 and a 200 day simple moving average of $40.22. The company has a market cap of $255.47 million, a price-to-earnings ratio of 19.69 and a beta of 3.00.

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Fidelity Crypto Industry and Digital Payments ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a $0.153 dividend. The ex-dividend date was Thursday, June 18th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.5%. This is a boost from Fidelity Crypto Industry and Digital Payments ETF’s previous quarterly dividend of $0.03.

Institutional Trading of Fidelity Crypto Industry and Digital Payments ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Allworth Financial LP acquired a new position in Fidelity Crypto Industry and Digital Payments ETF during the fourth quarter worth about $27,000. Birchwood Financial Partners Inc. acquired a new stake in shares of Fidelity Crypto Industry and Digital Payments ETF during the 4th quarter valued at approximately $34,000. Advisory Services Network LLC acquired a new stake in shares of Fidelity Crypto Industry and Digital Payments ETF during the 3rd quarter valued at approximately $129,000. U.S. Capital Wealth Advisors LLC purchased a new stake in shares of Fidelity Crypto Industry and Digital Payments ETF during the 4th quarter worth approximately $202,000. Finally, Bank of America Corp DE purchased a new stake in shares of Fidelity Crypto Industry and Digital Payments ETF during the 2nd quarter worth approximately $222,000.

About Fidelity Crypto Industry and Digital Payments ETF

(Get Free Report)

The Fidelity Crypto Industry and Digital Payments ETF (FDIG) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies related to cryptocurrency, blockchain technology, and digital payments processing, selected based on revenue derived from the relevant themes, and weighted by average daily trading volume. FDIG was launched on Apr 19, 2022 and is managed by Fidelity.

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