Fidelity Disruptive Technology ETF (NASDAQ:FDTX) Shares Sold by Fmr LLC

Fmr LLC cut its stake in Fidelity Disruptive Technology ETF (NASDAQ:FDTX) by 8.9% in the third quarter, Holdings Channel.com reports. The fund owned 571,228 shares of the company’s stock after selling 55,497 shares during the quarter. Fmr LLC owned about 0.12% of Fidelity Disruptive Technology ETF worth $18,611,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Dana Investment Advisors Inc. purchased a new stake in shares of Fidelity Disruptive Technology ETF in the second quarter valued at about $230,000.

Fidelity Disruptive Technology ETF Stock Down 1.1 %

Shares of Fidelity Disruptive Technology ETF stock opened at $36.66 on Wednesday. Fidelity Disruptive Technology ETF has a 52-week low of $26.96 and a 52-week high of $37.70. The company’s 50-day simple moving average is $34.63 and its 200-day simple moving average is $32.99. The firm has a market cap of $172.30 million, a price-to-earnings ratio of 39.22 and a beta of 1.67.

Fidelity Disruptive Technology ETF 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.