SteelPeak Wealth LLC purchased a new position in shares of Fidelity Disruptive Automation ETF (NASDAQ:FBOT – Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 25,000 shares of the company’s stock, valued at approximately $828,000. SteelPeak Wealth LLC owned 0.48% of Fidelity Disruptive Automation ETF at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of FBOT. Key Capital Management INC acquired a new stake in shares of Fidelity Disruptive Automation ETF during the fourth quarter valued at about $27,000. Advisory Services Network LLC acquired a new stake in Fidelity Disruptive Automation ETF in the 3rd quarter valued at approximately $33,000. Raleigh Capital Management Inc. acquired a new stake in Fidelity Disruptive Automation ETF in the 4th quarter valued at approximately $38,000. Federation des caisses Desjardins du Quebec raised its position in Fidelity Disruptive Automation ETF by 2,616.5% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 2,146 shares of the company’s stock valued at $72,000 after purchasing an additional 2,067 shares during the period. Finally, Sunbelt Securities Inc. acquired a new position in Fidelity Disruptive Automation ETF during the third quarter worth $273,000.
Fidelity Disruptive Automation ETF Stock Down 2.2%
FBOT opened at $36.70 on Friday. Fidelity Disruptive Automation ETF has a 52 week low of $30.45 and a 52 week high of $40.25. The business has a fifty day simple moving average of $38.81 and a 200-day simple moving average of $36.70. The firm has a market cap of $201.85 million, a P/E ratio of 29.47 and a beta of 1.28.
About Fidelity Disruptive Automation ETF
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.
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