FYEE Stock Summary and Trading Ideas (Fidelity Dynamic Buffered Equity ETF Fidelity Yield Enhanced Equity ETF | BATS:FYEE)

Fidelity Yield Enhanced Equity ETF seeks current income while maintaining prospects for capital appreciation. Normally investing at least 80% of assets in equity securities. Investing in equity securities of companies with market capitalizations generally similar to companies in the S&P 500 Index or Russell 1000 Index. Generally using computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the S&P 500 Index. Selling (writing) call options on a large cap equity index, such as the S&P 500 Index. Employing a disciplined options-based strategy designed to provide income.

Fidelity Dynamic Buffered Equity ETF Fidelity Yield Enhanced Equity ETF trades on the BATS stock market under the symbol FYEE.

As of May 8, 2024, FYEE stock price was flat at $24.92 with 13 million shares trading.

FYEE has a market cap of $5.61 million. This is considered a Sub-Micro Cap stock.

FYEE support price is $24.69 and resistance is $25.14 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FYEE stock will trade within this expected range on the day.