Envestnet Asset Management Inc. Takes $2.25 Million Position in Fidelity Disruptive Automation ETF (NASDAQ:FBOT)

Envestnet Asset Management Inc. acquired a new stake in shares of Fidelity Disruptive Automation ETF (NASDAQ:FBOT) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 86,439 shares of the company’s stock, valued at approximately $2,245,000. Envestnet Asset Management Inc. owned about 2.27% of Fidelity Disruptive Automation ETF at the end of the most recent reporting period.

Separately, Sunbelt Securities Inc. purchased a new stake in shares of Fidelity Disruptive Automation ETF during the first quarter valued at $249,000.

Fidelity Disruptive Automation ETF Price Performance

Shares of FBOT opened at $31.42 on Tuesday. The firm has a market capitalization of $135.11 million, a PE ratio of 29.47 and a beta of 1.22. Fidelity Disruptive Automation ETF has a 1-year low of $22.22 and a 1-year high of $31.61. The company’s fifty day moving average price is $29.71 and its 200-day moving average price is $28.23.

Fidelity Disruptive Automation ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Friday, June 20th were issued a $0.067 dividend. This is an increase from Fidelity Disruptive Automation ETF’s previous quarterly dividend of $0.03. This represents a $0.27 annualized dividend and a dividend yield of 0.85%. The ex-dividend date was Friday, June 20th.

Fidelity Disruptive Automation ETF 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.