Fidelity Disruptors ETF (NASDAQ:FDIF) Shares Down 0.3% – Here’s What Happened

Fidelity Disruptors ETF (NASDAQ:FDIF) was down 0.3% on Monday . The stock traded as low as $38.64 and last traded at $38.64. Approximately 3,447 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 7,918 shares. The stock had previously closed at $38.75.

Fidelity Disruptors ETF Price Performance

The stock has a market capitalization of $100.46 million, a P/E ratio of 27.66 and a beta of 1.22. The firm has a 50 day moving average of $39.00 and a 200-day moving average of $36.57.

Fidelity Disruptors ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a dividend of $0.034 per share. This represents a $0.14 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, June 18th. This is a boost from Fidelity Disruptors ETF’s previous quarterly dividend of $0.02.

Institutional Investors Weigh In On Fidelity Disruptors ETF

Large investors have recently modified their holdings of the stock. Jane Street Group LLC acquired a new position in shares of Fidelity Disruptors ETF in the 2nd quarter worth approximately $2,207,000. Sfmg LLC lifted its position in shares of Fidelity Disruptors ETF by 3.8% during the 4th quarter. Sfmg LLC now owns 219,730 shares of the company’s stock worth $7,868,000 after buying an additional 8,077 shares during the period. Osaic Holdings Inc. boosted its stake in Fidelity Disruptors ETF by 340.7% in the 2nd quarter. Osaic Holdings Inc. now owns 8,232 shares of the company’s stock valued at $278,000 after buying an additional 6,364 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in Fidelity Disruptors ETF in the 4th quarter valued at $75,000. Finally, Godfrey Financial Associates Inc. acquired a new stake in Fidelity Disruptors ETF in the 4th quarter valued at $36,000.

Fidelity Disruptors ETF Company Profile

The Fidelity Disruptors ETF (FDIF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-funds that holds a suite of global Fidelity ETFs, all of which are tied with disruptive technologies in automation, communications, finance, medicine, and technology. FDIF was launched on Apr 16, 2020 and is managed by Fidelity.