Fidelity Fundamental Large Cap Core ETF (BATS:FMIL) Trading 0.4% Higher – Here’s Why

Fidelity Fundamental Large Cap Core ETF (BATS:FMIL)’s share price shot up 0.4% during mid-day trading on Tuesday . The stock traded as high as $55.08 and last traded at $54.90. 216,554 shares changed hands during trading, The stock had previously closed at $54.66.

Fidelity Fundamental Large Cap Core ETF Stock Performance

The stock’s 50 day simple moving average is $53.77 and its 200 day simple moving average is $52.28. The firm has a market cap of $863.58 million, a PE ratio of 23.36 and a beta of 0.94.

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. FMIL was launched on Jun 3, 2020 and is managed by Fidelity.