Fidelity Digital Health ETF (BATS:FDHT) Trading Up 0.1% – Time to Buy?

Fidelity Digital Health ETF (BATS:FDHT)’s stock price was up 0.1% during mid-day trading on Thursday . The stock traded as high as $21.15 and last traded at $21.27. Approximately 2,693 shares were traded during mid-day trading, an increase of 44% from the average daily volume of 1,875 shares. The stock had previously closed at $21.24.

Fidelity Digital Health ETF Trading Up 0.1%

The company has a fifty day simple moving average of $21.31 and a 200-day simple moving average of $20.36. The company has a market capitalization of $8.51 million, a PE ratio of 38.04 and a beta of 1.13.

Hedge Funds Weigh In On Fidelity Digital Health ETF

A hedge fund recently bought a new stake in Fidelity Digital Health ETF stock. Citadel Advisors LLC purchased a new stake in Fidelity Digital Health ETF (BATS:FDHT) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor 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 as of its most recent SEC filing.

About Fidelity Digital Health ETF

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.