Fidelity Digital Health ETF (BATS:FDHT) Stock Price Up 0.2% – Time to Buy?

Fidelity Digital Health ETF (BATS:FDHT)’s share price shot up 0.2% on Monday . The company traded as high as $20.84 and last traded at $20.71. 2,692 shares were traded during trading, an increase of 43% from the average session volume of 1,879 shares. The stock had previously closed at $20.66.

Fidelity Digital Health ETF Stock Up 0.2%

The company’s fifty day simple moving average is $20.58 and its 200 day simple moving average is $20.17. The firm has a market capitalization of $8.28 million, a PE ratio of 38.04 and a beta of 1.13.

Institutional Investors Weigh In On Fidelity Digital Health ETF

An institutional investor recently bought a new position in Fidelity Digital Health ETF stock. Citadel Advisors LLC purchased a new position in shares of Fidelity Digital Health ETF (BATS:FDHT) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 14,832 shares of the company’s stock, valued at approximately $290,000. Citadel Advisors LLC owned about 2.97% of Fidelity Digital Health ETF at the end of the most recent reporting period.

Fidelity Digital Health ETF Company Profile

The Fidelity Digital Health ETF (FDHT) is an exchange-traded fund that is based on the Fidelity Digital Health index, a market-cap-weighted index of globally-listed companies involved in digital health technologies. FDHT was launched on Oct 5, 2021 and is managed by Fidelity.