Fidelity Metaverse ETF (FMET) To Go Ex-Dividend on December 19th

Fidelity Metaverse ETF (NASDAQ:FMET) declared a quarterly dividend on Thursday, December 18th. Shareholders of record on Friday, December 19th will be paid a dividend of 0.039 per share on Tuesday, December 23rd. This represents a c) annualized dividend and a yield of 0.4%. The ex-dividend date is Friday, December 19th. This is a 44.4% increase from Fidelity Metaverse ETF’s previous quarterly dividend of $0.03.

Fidelity Metaverse ETF Price Performance

Shares of FMET opened at $36.20 on Friday. Fidelity Metaverse ETF has a 1 year low of $23.85 and a 1 year high of $39.44. The stock’s fifty day moving average price is $36.82 and its two-hundred day moving average price is $35.75. The firm has a market cap of $47.06 million, a PE ratio of 23.47 and a beta of 1.13.

Hedge Funds Weigh In On Fidelity Metaverse ETF

A hedge fund recently raised its stake in Fidelity Metaverse ETF stock. Envestnet Asset Management Inc. lifted its holdings in shares of Fidelity Metaverse ETF (NASDAQ:FMET) by 11.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,426 shares of the company’s stock after buying an additional 765 shares during the quarter. Envestnet Asset Management Inc. owned about 0.57% of Fidelity Metaverse ETF worth $281,000 at the end of the most recent quarter.

About Fidelity Metaverse ETF

The Fidelity Metaverse ETF (FMET) is an exchange-traded fund that is based on the Fidelity Metaverse index. The fund tracks a market cap-weighted index of equities that provides global exposure to the future state of the internet: the metaverse. FMET was launched on Apr 19, 2022 and is managed by Fidelity.