Fidelity Metaverse ETF (NASDAQ:FMET – Get Free Report) shares fell 0.9% during mid-day trading on Tuesday . The stock traded as low as $35.11 and last traded at $35.40. 5,098 shares changed hands during mid-day trading, a decline of 26% from the average session volume of 6,913 shares. The stock had previously closed at $35.71.
Fidelity Metaverse ETF Price Performance
The firm has a market cap of $46.02 million, a PE ratio of 23.47 and a beta of -1.32. The company has a 50 day simple moving average of $34.87 and a 200-day simple moving average of $31.39.
Fidelity Metaverse ETF Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 24th. Shareholders of record on Friday, June 20th were paid a $0.077 dividend. The ex-dividend date of this dividend was Friday, June 20th. This represents a $0.31 annualized dividend and a yield of 0.9%.
Fidelity Metaverse ETF Company Profile
The Fidelity Metaverse ETF (FMET) is an exchange-traded fund that is based on the Fidelity Metaverse index. The fund tracks a market cap-weighted index of equities that provides global exposure to the future state of the internet: the metaverse. FMET was launched on Apr 19, 2022 and is managed by Fidelity.
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