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Fidelity Covington Trust – Shares of the Fidelity New Millennium ETF (CBOE: FMIL) gained 0.54%, or $ 0.1634 per share, to close at $ 30.28 on Wednesday. After opening the day at $ 30.02, shares of Fidelity Covington – Fidelity New Millennium ETF fluctuated between $ 30.30 and $ 30.01. 7,303 shares traded in the hands, down from their 30-day average of 14,140. Wednesday’s activity raised the market capitalization of the Fidelity Covington – Fidelity New Millennium ETF to $ 62,074,000.
See the Fidelity Covington Trust – Fidelity New Millennium ETF Profile for more information.
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T. Rowe Price to acquire Oak Hill Advisors for $ 4.2 billion
T. Rowe Price Group Inc plans to acquire credit manager Oak Hill Advisors for up to $ 4.2 billion, marking its first major expansion into private markets in an offer to expand into the US. beyond its mutual fund retirement business.
Last week, the Baltimore-based fund management company said it would pay in cash and shares to acquire 100% of the shares of Oak Hill, which as of July 31 had a capital under management of 53 billions of dollars.
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The Great Work Dilemma – How It Started And Where We Are Now
In September, the US economy created 194,000 jobs, well below analyst consensus expectations of 500,000 jobs. The unemployment rate fell to 4.8% from 5.2% in August. Ironically, there are many jobs available for workers, but companies across all industries report difficult conditions to attract workers.
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Amazon now owns 20% of electric truck maker Rivian
Amazon.com Inc (AMZN), one of Rivian Automotive Inc’s top funders, now owns about a fifth of the electric truck startup, the e-commerce giant revealed in a quarterly filing with the Securities and Exchange US Commission (SEC).
As of September 30, Amazon had a 20% stake that had a book value of $ 3.8 billion, up from $ 2.7 billion at the end of 2020, according to the company’s latest Form 10-Q.
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About CBOE Global Markets
CBOE operates the largest options exchange and the third largest in the United States. volume.
To get more information on Fidelity Covington Trust – Fidelity New Millennium ETF and follow the latest company updates, you can visit the company profile page here: Fidelity Covington Trust – Fidelity New Millennium ETF Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.
Sources: The chart is provided by TradingView on the basis of prices delayed by 15 minutes. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.
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