Fidelity Disruptive Technology ETF (NASDAQ:FDTX – Get Free Report)’s stock price was up 1.5% during trading on Wednesday . The stock traded as high as $56.18 and last traded at $55.75. 38,958 shares traded hands during mid-day trading, an increase of 11% from the average daily volume of 35,004 shares. The stock had previously closed at $54.92.
Fidelity Disruptive Technology ETF Price Performance
The firm has a market capitalization of $295.48 million, a price-to-earnings ratio of 36.21 and a beta of 1.72. The firm has a 50 day moving average price of $53.90 and a 200-day moving average price of $46.51.
Institutional Investors Weigh In On Fidelity Disruptive Technology ETF
A number of hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC grew its position in shares of Fidelity Disruptive Technology ETF by 545.6% during the first quarter. Jane Street Group LLC now owns 46,044 shares of the company’s stock worth $1,450,000 after buying an additional 38,912 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Fidelity Disruptive Technology ETF by 693.0% in the second quarter. JPMorgan Chase & Co. now owns 94,815 shares of the company’s stock valued at $3,699,000 after acquiring an additional 82,859 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Fidelity Disruptive Technology ETF by 24.9% in the third quarter. Envestnet Asset Management Inc. now owns 8,031 shares of the company’s stock valued at $326,000 after acquiring an additional 1,600 shares in the last quarter. Virtu Financial LLC purchased a new position in Fidelity Disruptive Technology ETF in the third quarter worth approximately $421,000. Finally, Creative Planning purchased a new position in Fidelity Disruptive Technology ETF in the third quarter worth approximately $211,000.
Fidelity Disruptive Technology ETF Company Profile
The Fidelity Disruptive Technology ETF (FDTX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in innovative businesses believed to have the potential for market disruption. The fund holds global disruptive technology companies, from machine learning to next-generation hardware and AI. FDTX was launched on Apr 16, 2020 and is managed by Fidelity.
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