Fidelity Fundamental Large Cap Core ETF (BATS:FMIL) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Fidelity Fundamental Large Cap Core ETF (BATS:FMIL) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $44.19 and traded as high as $46.86. Fidelity Fundamental Large Cap Core ETF shares last traded at $46.84, with a volume of 352,029 shares traded.

Fidelity Fundamental Large Cap Core ETF Trading Up 0.3 %

The firm has a market capitalization of $313.83 million, a PE ratio of 21.92 and a beta of 1.06. The firm has a 50 day simple moving average of $46.02 and a 200 day simple moving average of $44.19.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of FMIL. EP Wealth Advisors LLC purchased a new stake in Fidelity Fundamental Large Cap Core ETF during the first quarter valued at approximately $109,000. Ameritas Advisory Services LLC raised its holdings in Fidelity Fundamental Large Cap Core ETF by 4.6% in the 2nd quarter. Ameritas Advisory Services LLC now owns 5,674 shares of the company’s stock worth $247,000 after purchasing an additional 250 shares during the period. Creative Planning purchased a new position in Fidelity Fundamental Large Cap Core ETF during the second quarter valued at $280,000. Foundations Investment Advisors LLC bought a new stake in Fidelity Fundamental Large Cap Core ETF during the second quarter valued at about $406,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in Fidelity Fundamental Large Cap Core ETF by 13.9% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 10,069 shares of the company’s stock worth $438,000 after buying an additional 1,230 shares in the last quarter.

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.