Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) Stock Price Up 7.5% – Should You Buy?

Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV)’s share price rose 7.5% on Thursday . The company traded as high as $13.72 and last traded at $14.39. Approximately 13,049 shares changed hands during trading, an increase of 36% from the average daily volume of 9,562 shares. The stock had previously closed at $13.39.

Fidelity Electric Vehicles and Future Transportation ETF Stock Up 7.5%

The business has a 50-day moving average price of $13.03 and a two-hundred day moving average price of $13.50. The firm has a market cap of $27.34 million, a PE ratio of 22.49 and a beta of 1.35.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Fidelity Electric Vehicles and Future Transportation ETF stock. Citadel Advisors LLC bought a new position in Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 49,973 shares of the company’s stock, valued at approximately $666,000. Citadel Advisors LLC owned 2.00% of Fidelity Electric Vehicles and Future Transportation ETF as of its most recent filing with the Securities and Exchange Commission.

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.