Fidelity Clean Energy ETF (BATS:FRNW) Shares Up 21.7% – What’s Next?

Fidelity Clean Energy ETF (BATS:FRNW)’s stock price shot up 21.7% during mid-day trading on Monday . The company traded as high as $17.3190 and last traded at $20.6450. 10,150 shares traded hands during mid-day trading, an increase of 29% from the average session volume of 7,847 shares. The stock had previously closed at $16.9650.

Fidelity Clean Energy ETF Trading Up 19.7%

The stock has a market capitalization of $33.50 million, a P/E ratio of 21.58 and a beta of 1.12. The company has a 50-day moving average price of $20.75 and a 200 day moving average price of $18.86.

Institutional Trading of Fidelity Clean Energy ETF

An institutional investor recently bought a new position in Fidelity Clean Energy ETF stock. Menora Mivtachim Holdings LTD. acquired a new position in Fidelity Clean Energy ETF (BATS:FRNW) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 10,815 shares of the company’s stock, valued at approximately $169,000. Menora Mivtachim Holdings LTD. owned about 0.66% of Fidelity Clean Energy ETF as of its most recent SEC filing.

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.