Fidelity Disruptive Automation ETF (NASDAQ:FBOT – Get Free Report)’s stock price was up 0.4% during mid-day trading on Monday . The stock traded as high as $40.84 and last traded at $40.68. Approximately 8,385 shares changed hands during trading, a decline of 63% from the average daily volume of 22,579 shares. The stock had previously closed at $40.51.
Fidelity Disruptive Automation ETF Price Performance
The company’s 50 day moving average is $38.54 and its two-hundred day moving average is $37.29. The firm has a market cap of $219.23 million, a P/E ratio of 29.47 and a beta of 1.29.
Hedge Funds Weigh In On Fidelity Disruptive Automation ETF
Several large investors have recently added to or reduced their stakes in the company. National Bank of Canada FI lifted its position in shares of Fidelity Disruptive Automation ETF by 3.7% in the 3rd quarter. National Bank of Canada FI now owns 550,430 shares of the company’s stock worth $18,016,000 after acquiring an additional 19,728 shares during the period. Jane Street Group LLC bought a new stake in shares of Fidelity Disruptive Automation ETF during the first quarter valued at approximately $1,856,000. LPL Financial LLC raised its stake in shares of Fidelity Disruptive Automation ETF by 298.1% in the fourth quarter. LPL Financial LLC now owns 37,818 shares of the company’s stock valued at $1,261,000 after purchasing an additional 28,319 shares in the last quarter. MML Investors Services LLC raised its stake in shares of Fidelity Disruptive Automation ETF by 4.4% in the second quarter. MML Investors Services LLC now owns 37,173 shares of the company’s stock valued at $1,114,000 after purchasing an additional 1,560 shares in the last quarter. Finally, SteelPeak Wealth LLC acquired a new position in shares of Fidelity Disruptive Automation ETF in the first quarter valued at $828,000.
Fidelity Disruptive Automation ETF Company Profile
The Fidelity Disruptive Automation ETF (FBOT) 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 thought to have potentially provide disruption to the marketplace. The fund holds global disruptive automation companies, from industrial robotics to autonomous driving and AI. FBOT was launched on Apr 16, 2020 and is managed by Fidelity.
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