Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) Trading 0.3% Higher – What’s Next?

Shares of Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) traded up 0.3% on Wednesday . The stock traded as high as $18.82 and last traded at $18.70. 9,704 shares changed hands during mid-day trading, a decline of 6% from the average session volume of 10,271 shares. The stock had previously closed at $18.65.

Fidelity Electric Vehicles and Future Transportation ETF Stock Performance

The firm has a market capitalization of $35.53 million, a PE ratio of 21.91 and a beta of 1.36. The company has a fifty day simple moving average of $17.03 and a two-hundred day simple moving average of $16.98.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. EFG International AG bought a new position in shares of Fidelity Electric Vehicles and Future Transportation ETF in the 4th quarter worth $33,000. Jane Street Group LLC purchased a new position in Fidelity Electric Vehicles and Future Transportation ETF in the second quarter valued at about $203,000. Finally, OLD Mission Capital LLC purchased a new position in Fidelity Electric Vehicles and Future Transportation ETF in the fourth quarter valued at about $539,000.

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. FDRV was launched on Oct 5, 2021 and is managed by Fidelity.