Fidelity Disruptive Automation ETF (NASDAQ:FBOT) Stock Price Up 0.3% – Here’s What Happened

Fidelity Disruptive Automation ETF (NASDAQ:FBOT)’s share price rose 0.3% during trading on Monday . The stock traded as high as $34.49 and last traded at $34.43. Approximately 14,550 shares were traded during mid-day trading, a decline of 25% from the average daily volume of 19,367 shares. The stock had previously closed at $34.31.

Fidelity Disruptive Automation ETF Price Performance

The company has a 50-day moving average price of $32.71 and a 200 day moving average price of $30.57. The firm has a market capitalization of $165.26 million, a PE ratio of 29.47 and a beta of 1.22.

Fidelity Disruptive Automation ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Friday, September 19th were issued a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Friday, September 19th.

Institutional Investors Weigh In On Fidelity Disruptive Automation ETF

Large investors have recently made changes to their positions in the company. AE Wealth Management LLC increased its holdings in shares of Fidelity Disruptive Automation ETF by 3,021.6% in the second quarter. AE Wealth Management LLC now owns 13,298 shares of the company’s stock worth $399,000 after purchasing an additional 12,872 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Fidelity Disruptive Automation ETF by 7,069.5% in the second quarter. Farther Finance Advisors LLC now owns 13,622 shares of the company’s stock worth $408,000 after purchasing an additional 13,432 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Fidelity Disruptive Automation ETF in the first quarter worth about $926,000. MML Investors Services LLC increased its holdings 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 worth $1,114,000 after purchasing an additional 1,560 shares during the last quarter. Finally, FSM Wealth Advisors LLC bought a new stake in Fidelity Disruptive Automation ETF during the second quarter worth approximately $1,450,000.

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.