Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) Shares Down 1.1% – Should You Sell?

Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) shares traded down 1.1% during trading on Tuesday . The stock traded as low as $17.09 and last traded at $17.09. Approximately 1,392 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 9,258 shares. The stock had previously closed at $17.28.

Fidelity Electric Vehicles and Future Transportation ETF Stock Down 0.8%

The stock has a fifty day moving average of $17.85 and a 200-day moving average of $18.20. The firm has a market capitalization of $31.63 million, a P/E ratio of 21.91 and a beta of 1.36.

Institutional Trading of Fidelity Electric Vehicles and Future Transportation ETF

A number of hedge funds and other institutional investors have recently modified their holdings of FDRV. OLD Mission Capital LLC bought a new position in Fidelity Electric Vehicles and Future Transportation ETF in the fourth quarter valued at approximately $539,000. Jane Street Group LLC acquired a new stake in shares of Fidelity Electric Vehicles and Future Transportation ETF in the 2nd quarter valued at approximately $203,000. Finally, EFG International AG bought a new position in shares of Fidelity Electric Vehicles and Future Transportation ETF in the fourth quarter valued at $33,000.

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.