Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) Stock Price Passes Above 200 Day Moving Average – Here’s Why

Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $29.82 and traded as high as $43.28. Fidelity Crypto Industry and Digital Payments ETF shares last traded at $40.21, with a volume of 149,830 shares trading hands.

Fidelity Crypto Industry and Digital Payments ETF Stock Up 6.8 %

The company has a market cap of $154.58 million, a price-to-earnings ratio of 10.94 and a beta of 3.84. The firm has a 50 day moving average price of $33.13 and a two-hundred day moving average price of $29.93.

Institutional Investors Weigh In On Fidelity Crypto Industry and Digital Payments ETF

An institutional investor recently raised its position in Fidelity Crypto Industry and Digital Payments ETF stock. Sunbelt Securities Inc. boosted its stake in Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) by 160.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,400 shares of the company’s stock after purchasing an additional 5,172 shares during the quarter. Sunbelt Securities Inc. owned about 0.23% of Fidelity Crypto Industry and Digital Payments ETF worth $229,000 as of its most recent SEC filing.

Fidelity Crypto Industry and Digital Payments ETF Company Profile

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.