Fidelity Disruptive Technology ETF (NASDAQ:FDTX) Shares Down 1.1%

Fidelity Disruptive Technology ETF (NASDAQ:FDTX)’s stock price fell 1.1% on Friday . The company traded as low as $32.63 and last traded at $32.66. 12,537 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 33,373 shares. The stock had previously closed at $33.01.

Fidelity Disruptive Technology ETF Stock Down 1.1 %

The firm has a market capitalization of $156.44 million, a P/E ratio of 39.22 and a beta of 1.67. The stock has a fifty day moving average of $31.40 and a 200-day moving average of $31.88.

Institutional Investors Weigh In On Fidelity Disruptive Technology ETF

An institutional investor recently bought a new position in Fidelity Disruptive Technology ETF stock. Dana Investment Advisors Inc. acquired a new stake in Fidelity Disruptive Technology ETF (NASDAQ:FDTX) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,908 shares of the company’s stock, valued at approximately $230,000. Dana Investment Advisors Inc. owned about 0.14% of Fidelity Disruptive Technology ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.