Brookstone Capital Management Takes Position in Fidelity Clean Energy ETF $FRNW

Brookstone Capital Management purchased a new stake in Fidelity Clean Energy ETF (BATS:FRNW) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 26,054 shares of the company’s stock, valued at approximately $602,000. Brookstone Capital Management owned approximately 1.58% of Fidelity Clean Energy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Sunbelt Securities Inc. raised its holdings in shares of Fidelity Clean Energy ETF by 19.7% during the fourth quarter. Sunbelt Securities Inc. now owns 11,581 shares of the company’s stock worth $235,000 after acquiring an additional 1,904 shares during the period.

Fidelity Clean Energy ETF Stock Down 2.3%

Shares of BATS:FRNW opened at $23.52 on Friday. The firm has a market cap of $38.81 million, a price-to-earnings ratio of 21.58 and a beta of 1.12. Fidelity Clean Energy ETF has a 12 month low of $15.39 and a 12 month high of $27.97. The company’s fifty day simple moving average is $25.50 and its 200 day simple moving average is $23.36.

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.