Envestnet Asset Management Inc. Has $2.50 Million Stock Holdings in Fidelity Disruptive Automation ETF $FBOT

Envestnet Asset Management Inc. trimmed its stake in Fidelity Disruptive Automation ETF (NASDAQ:FBOT) by 18.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 76,299 shares of the company’s stock after selling 16,721 shares during the quarter. Envestnet Asset Management Inc. owned approximately 1.59% of Fidelity Disruptive Automation ETF worth $2,499,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new position in shares of Fidelity Disruptive Automation ETF in the 1st quarter valued at about $1,856,000. AE Wealth Management LLC lifted its stake in Fidelity Disruptive Automation ETF by 3,021.6% in the 2nd quarter. AE Wealth Management LLC now owns 13,298 shares of the company’s stock valued at $399,000 after purchasing an additional 12,872 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in Fidelity Disruptive Automation ETF in the 2nd quarter valued at about $1,969,000. Finally, MML Investors Services LLC increased its position in Fidelity Disruptive Automation ETF by 4.4% during the second quarter. MML Investors Services LLC now owns 37,173 shares of the company’s stock worth $1,114,000 after buying an additional 1,560 shares during the last quarter.

Fidelity Disruptive Automation ETF Trading Down 0.4%

Shares of NASDAQ FBOT opened at $37.24 on Friday. The company has a market capitalization of $186.20 million, a P/E ratio of 29.47 and a beta of 1.22. Fidelity Disruptive Automation ETF has a 12 month low of $22.22 and a 12 month high of $37.46. The stock has a 50 day moving average of $35.28 and a 200-day moving average of $33.50.

Fidelity Disruptive Automation ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Friday, December 19th were paid a dividend of $0.097 per share. The ex-dividend date was Friday, December 19th. This represents a $0.39 dividend on an annualized basis and a dividend yield of 1.0%. This is a boost from Fidelity Disruptive Automation ETF’s previous quarterly dividend of $0.04.

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. FBOT was launched on Apr 16, 2020 and is managed by Fidelity.