Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) Trading Up 24.8% – Time to Buy?

Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV)’s share price traded up 24.8% during mid-day trading on Wednesday . The stock traded as high as $13.7199 and last traded at $16.7050. 13,049 shares were traded during trading, an increase of 39% from the average session volume of 9,416 shares. The stock had previously closed at $13.3850.

Fidelity Electric Vehicles and Future Transportation ETF Stock Up 24.8%

The stock has a fifty day simple moving average of $17.07 and a 200-day simple moving average of $15.99. The company has a market capitalization of $31.74 million, a P/E ratio of 21.91 and a beta of 1.36.

Hedge Funds Weigh In On Fidelity Electric Vehicles and Future Transportation ETF

An institutional investor recently bought a new position in Fidelity Electric Vehicles and Future Transportation ETF stock. Jane Street Group LLC purchased a new stake in Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 13,704 shares of the company’s stock, valued at approximately $203,000. Jane Street Group LLC owned 0.72% of Fidelity Electric Vehicles and Future Transportation ETF as of its most recent SEC filing.

About Fidelity Electric Vehicles and Future Transportation ETF

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.