Fidelity Disruptive Technology ETF (NASDAQ:FDTX – Get Free Report) shares traded down 4.8% on Tuesday . The company traded as low as $55.01 and last traded at $55.35. Approximately 98,888 shares traded hands during trading, an increase of 237% from the average session volume of 29,338 shares. The stock had previously closed at $58.15.
Fidelity Disruptive Technology ETF Stock Up 2.0%
The firm has a market capitalization of $263.86 million, a price-to-earnings ratio of 36.21 and a beta of 1.73. The company has a 50-day moving average price of $50.70 and a 200-day moving average price of $43.51.
Institutional Trading of Fidelity Disruptive Technology ETF
Hedge funds have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC bought a new position in shares of Fidelity Disruptive Technology ETF in the fourth quarter worth $31,000. Sunbelt Securities Inc. acquired a new position in shares of Fidelity Disruptive Technology ETF during the third quarter valued at $34,000. High Point Wealth Management LLC bought a new stake in shares of Fidelity Disruptive Technology ETF during the fourth quarter valued at about $41,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Fidelity Disruptive Technology ETF by 1,017.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,050 shares of the company’s stock valued at $45,000 after purchasing an additional 956 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in Fidelity Disruptive Technology ETF in the fourth quarter worth about $205,000.
About Fidelity Disruptive Technology ETF
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.
See Also
- Five stocks we like better than Fidelity Disruptive Technology ETF
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Receive News & Ratings for Fidelity Disruptive Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Disruptive Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.
