Fidelity Clean Energy ETF (BATS:FRNW) Trading Up 0.3%

Fidelity Clean Energy ETF (BATS:FRNW)’s share price rose 0.3% during trading on Monday . The stock traded as high as $15.60 and last traded at $15.56. Approximately 3,488 shares were traded during trading, The stock had previously closed at $15.52.

Fidelity Clean Energy ETF Price Performance

The stock has a market cap of $27.23 million, a PE ratio of 11.30 and a beta of 1.39. The business has a 50 day simple moving average of $15.05 and a 200 day simple moving average of $15.06.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Fidelity Clean Energy ETF stock. Commonwealth Equity Services LLC raised its stake in Fidelity Clean Energy ETF (BATS:FRNW) by 22.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,532 shares of the company’s stock after purchasing an additional 8,426 shares during the period. Commonwealth Equity Services LLC owned approximately 2.66% of Fidelity Clean Energy ETF worth $695,000 as of its most recent SEC filing.

About Fidelity Clean Energy ETF

The Fidelity Clean Energy ETF (FRNW) is an exchange-traded fund that is based on the Fidelity Clean Energy index, a market-cap-weighted index of global clean energy companies screened for environmental, social, and governance factors. FRNW was launched on Oct 5, 2021 and is managed by Fidelity.