Shares of Fidelity Disruptive Technology ETF (NASDAQ:FDTX – Get Free Report) passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $49.07 and traded as low as $44.57. Fidelity Disruptive Technology ETF shares last traded at $44.99, with a volume of 486,803 shares trading hands.
Fidelity Disruptive Technology ETF Stock Performance
The firm’s 50-day simple moving average is $55.56 and its 200 day simple moving average is $49.07. The stock has a market capitalization of $251.94 million, a P/E ratio of 36.21 and a beta of 1.75.
Institutional Trading of Fidelity Disruptive Technology ETF
Several institutional investors and hedge funds have recently bought and sold shares of FDTX. Commonwealth Equity Services LLC acquired a new position in Fidelity Disruptive Technology ETF during the third quarter worth $8,199,000. Vise Technologies Inc. bought a new stake in Fidelity Disruptive Technology ETF during the third quarter worth $223,000. IFP Advisors Inc raised its position in Fidelity Disruptive Technology ETF by 186.6% during the third quarter. IFP Advisors Inc now owns 2,769 shares of the company’s stock worth $163,000 after acquiring an additional 1,803 shares in the last quarter. Root Financial Partners LLC bought a new stake in Fidelity Disruptive Technology ETF during the third quarter worth $140,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in Fidelity Disruptive Technology ETF in the second quarter valued at $91,000.
Fidelity Disruptive Technology ETF Company Profile
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.
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