Fidelity Sustainable U.S. Equity ETF (NYSEARCA:FSST) Shares Down 0.9%

Fidelity Sustainable U.S. Equity ETF (NYSEARCA:FSST) dropped 0.9% during mid-day trading on Wednesday . The stock traded as low as $24.55 and last traded at $24.64. Approximately 1,171 shares traded hands during mid-day trading, a decline of 40% from the average daily volume of 1,955 shares. The stock had previously closed at $24.86.

Fidelity Sustainable U.S. Equity ETF Trading Down 0.9 %

The firm’s 50-day moving average is $24.38 and its 200-day moving average is $22.37. The firm has a market cap of $11.58 million, a price-to-earnings ratio of 1.11 and a beta of 1.06.

Hedge Funds Weigh In On Fidelity Sustainable U.S. Equity ETF

A number of hedge funds have recently bought and sold shares of the company. FMR LLC boosted its holdings in Fidelity Sustainable U.S. Equity ETF by 8.3% during the 3rd quarter. FMR LLC now owns 72,676 shares of the company’s stock worth $1,461,000 after acquiring an additional 5,592 shares during the last quarter. Royal Bank of Canada raised its stake in shares of Fidelity Sustainable U.S. Equity ETF by 979.8% during the 4th quarter. Royal Bank of Canada now owns 24,414 shares of the company’s stock worth $550,000 after purchasing an additional 22,153 shares during the period. Citadel Advisors LLC bought a new stake in shares of Fidelity Sustainable U.S. Equity ETF during the 3rd quarter worth $281,000. Finally, Principal Securities Inc. bought a new stake in shares of Fidelity Sustainable U.S. Equity ETF during the 4th quarter worth $92,000.

Fidelity Sustainable U.S. Equity ETF Company Profile

The Fidelity Sustainable U.S. Equity ETF (FSST) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent fund with exposure to US companies that deliver tangible ESG impact through core business operations. The fund utilizes the Fidelity non-transparent model.