Fidelity Clean Energy ETF (BATS:FRNW) Trading Down 1.2% – What’s Next?

Fidelity Clean Energy ETF (BATS:FRNW) shares dropped 1.2% on Monday . The stock traded as low as $13.63 and last traded at $13.73. Approximately 16,246 shares traded hands during trading, The stock had previously closed at $13.90.

Fidelity Clean Energy ETF Price Performance

The firm has a market cap of $23.55 million, a PE ratio of 11.30 and a beta of 1.39. The business’s fifty day moving average is $14.26 and its 200-day moving average is $14.84.

Institutional Investors Weigh In On Fidelity Clean Energy ETF

An institutional investor recently bought a new position in Fidelity Clean Energy ETF stock. Jane Street Group LLC bought a new position in Fidelity Clean Energy ETF (BATS:FRNW) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 16,996 shares of the company’s stock, valued at approximately $274,000. Jane Street Group LLC owned about 0.97% of Fidelity Clean Energy ETF at the end of the most recent reporting period.

Fidelity Clean Energy ETF Company Profile

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.