Bay Colony Advisory Group Inc d b a Bay Colony Advisors Buys 1,230 Shares of Fidelity Fundamental Large Cap Core ETF (BATS:FMIL)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in Fidelity Fundamental Large Cap Core ETF (BATS:FMIL) by 13.9% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 10,069 shares of the company’s stock after acquiring an additional 1,230 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Fidelity Fundamental Large Cap Core ETF were worth $438,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FMIL. Commonwealth Equity Services LLC grew its holdings in shares of Fidelity Fundamental Large Cap Core ETF by 11.1% during the first quarter. Commonwealth Equity Services LLC now owns 262,149 shares of the company’s stock valued at $10,945,000 after buying an additional 26,136 shares during the last quarter. Avidian Wealth Solutions LLC bought a new position in Fidelity Fundamental Large Cap Core ETF in the 4th quarter valued at about $5,686,000. Atria Wealth Solutions Inc. boosted its stake in Fidelity Fundamental Large Cap Core ETF by 97.7% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 69,186 shares of the company’s stock valued at $3,008,000 after purchasing an additional 34,189 shares during the last quarter. Tactive Advisors LLC bought a new stake in Fidelity Fundamental Large Cap Core ETF during the 1st quarter worth approximately $2,278,000. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in Fidelity Fundamental Large Cap Core ETF by 15.3% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 24,629 shares of the company’s stock worth $1,071,000 after purchasing an additional 3,267 shares in the last quarter.

Fidelity Fundamental Large Cap Core ETF Trading Down 0.8 %

Shares of FMIL stock traded down $0.35 during trading hours on Friday, reaching $44.16. The company had a trading volume of 96,604 shares. The company has a market capitalization of $295.87 million, a P/E ratio of 21.92 and a beta of 1.06. The firm has a 50 day moving average of $43.49 and a two-hundred day moving average of $41.82.

About Fidelity Fundamental Large Cap Core ETF

The Fidelity New Millennium ETF (FMIL) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed, non-transparent ETF that provides exposure to fundamentally-selected global companies potentially benefiting from long-term changes in the marketplace. The fund utilizes the Fidelity non-transparent model.