Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Stock Price Down 3.9% – Here’s Why

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) traded down 3.9% during mid-day trading on Friday . The company traded as low as $42.65 and last traded at $42.81. 46,462 shares traded hands during mid-day trading, a decline of 35% from the average session volume of 71,203 shares. The stock had previously closed at $44.54.

Fidelity Crypto Industry and Digital Payments ETF Stock Performance

The stock’s 50 day moving average price is $48.59 and its 200 day moving average price is $42.10. The company has a market capitalization of $278.27 million, a P/E ratio of 19.69 and a beta of 3.05.

Fidelity Crypto Industry and Digital Payments ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Friday, September 19th were issued a $0.021 dividend. The ex-dividend date was Friday, September 19th. This represents a $0.08 annualized dividend and a yield of 0.2%.

Institutional Trading of Fidelity Crypto Industry and Digital Payments ETF

Large investors have recently bought and sold shares of the business. Jane Street Group LLC boosted its position in shares of Fidelity Crypto Industry and Digital Payments ETF by 244.2% during the 1st quarter. Jane Street Group LLC now owns 138,654 shares of the company’s stock valued at $3,360,000 after purchasing an additional 98,374 shares in the last quarter. Financial Engines Advisors L.L.C. acquired a new position in Fidelity Crypto Industry and Digital Payments ETF in the third quarter valued at approximately $4,633,000. Bank of America Corp DE boosted its holdings in shares of Fidelity Crypto Industry and Digital Payments ETF by 968.5% during the 3rd quarter. Bank of America Corp DE now owns 66,683 shares of the company’s stock worth $3,273,000 after buying an additional 60,442 shares in the last quarter. Mutual Advisors LLC acquired a new stake in shares of Fidelity Crypto Industry and Digital Payments ETF during the 3rd quarter worth approximately $2,770,000. Finally, Prairie Wealth Advisors Inc. increased its stake in shares of Fidelity Crypto Industry and Digital Payments ETF by 18.0% in the 3rd quarter. Prairie Wealth Advisors Inc. now owns 12,871 shares of the company’s stock valued at $632,000 after acquiring an additional 1,960 shares in the last quarter.

About Fidelity Crypto Industry and Digital Payments ETF

The Fidelity Crypto Industry and Digital Payments ETF (FDIG) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies related to cryptocurrency, blockchain technology, and digital payments processing, selected based on revenue derived from the relevant themes, and weighted by average daily trading volume.