Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) Shares Up 9.5% – What’s Next?

Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) shot up 9.5% on Thursday . The stock traded as high as $13.72 and last traded at $14.66. 13,049 shares traded hands during trading, The stock had previously closed at $13.39.

Fidelity Electric Vehicles and Future Transportation ETF Stock Up 8.0 %

The company has a 50 day simple moving average of $13.74 and a two-hundred day simple moving average of $13.55. The company has a market capitalization of $36.15 million, a P/E ratio of 15.00 and a beta of 1.60.

Institutional Investors Weigh In On Fidelity Electric Vehicles and Future Transportation ETF

A hedge fund recently bought a new stake in Fidelity Electric Vehicles and Future Transportation ETF stock. Citadel Advisors LLC bought a new stake in shares of Fidelity Electric Vehicles and Future Transportation ETF (BATS:FDRV) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 49,973 shares of the company’s stock, valued at approximately $666,000. Citadel Advisors LLC owned about 2.00% of Fidelity Electric Vehicles and Future Transportation ETF as of its most recent filing with the Securities & Exchange Commission.

About Fidelity Electric Vehicles and Future Transportation ETF

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.