Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) Shares Down 1.7%

Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV)’s stock price fell 1.7% on Friday . The company traded as low as $12.73 and last traded at $12.80. 13,965 shares changed hands during trading, The stock had previously closed at $13.02.

Fidelity Electric Vehicles and Future Transportation ETF Stock Down 1.7 %

The stock has a market cap of $31.99 million, a P/E ratio of 14.98 and a beta of 1.60. The business’s 50-day simple moving average is $14.33 and its two-hundred day simple moving average is $15.17.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Walden Wealth Partners LLC purchased a new position in shares of Fidelity Electric Vehicles and Future Transportation ETF during the fourth quarter worth about $313,000. Citadel Advisors LLC increased its position in shares of Fidelity Electric Vehicles and Future Transportation ETF by 75.9% in the fourth quarter. Citadel Advisors LLC now owns 45,488 shares of the company’s stock worth $778,000 after purchasing an additional 19,634 shares during the last quarter. Signature Resources Capital Management LLC bought a new position in shares of Fidelity Electric Vehicles and Future Transportation ETF in the fourth quarter worth approximately $40,000. International Assets Investment Management LLC bought a new position in shares of Fidelity Electric Vehicles and Future Transportation ETF in the fourth quarter worth approximately $110,000. Finally, Commonwealth Equity Services LLC increased its position in shares of Fidelity Electric Vehicles and Future Transportation ETF by 11.7% in the third quarter. Commonwealth Equity Services LLC now owns 51,810 shares of the company’s stock worth $888,000 after purchasing an additional 5,420 shares during the last quarter.

Fidelity Electric Vehicles and Future Transportation ETF Company Profile

The Fidelity Electric Vehicles and Future Transportation ETF (FDRV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market-cap-weighted index of companies that are involved in the production of electric and\u002For autonomous vehicles or other initiatives regarding the future of transportation.