Fidelity Fundamental Large Cap Core ETF (BATS:FMIL) Trading 0.8% Higher – Should You Buy?

Fidelity Fundamental Large Cap Core ETF (BATS:FMIL)’s share price traded up 0.8% on Tuesday . The stock traded as high as $54.9450 and last traded at $54.92. 51,657 shares changed hands during trading, The stock had previously closed at $54.51.

Fidelity Fundamental Large Cap Core ETF Stock Up 0.8%

The company has a 50 day simple moving average of $54.29 and a 200-day simple moving average of $52.79. The stock has a market cap of $863.89 million, a price-to-earnings ratio of 23.36 and a beta of 0.94.

About Fidelity Fundamental Large Cap Core ETF

The Fidelity New Millennium ETF (FMIL) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed, non-transparent ETF that provides exposure to fundamentally-selected global companies potentially benefiting from long-term changes in the marketplace. The fund utilizes the Fidelity non-transparent model. FMIL was launched on Jun 3, 2020 and is managed by Fidelity.