Fidelity Disruptive Finance ETF (NASDAQ:FDFF) Stock Price Down 3.6% – What’s Next?

Fidelity Disruptive Finance ETF (NASDAQ:FDFFGet Free Report)’s stock price traded down 3.6% on Monday . The stock traded as low as $33.56 and last traded at $33.85. 6,124 shares traded hands during mid-day trading, an increase of 62% from the average session volume of 3,790 shares. The stock had previously closed at $35.10.

Fidelity Disruptive Finance ETF Stock Up 0.9 %

The firm’s 50-day simple moving average is $37.49 and its 200-day simple moving average is $36.09. The firm has a market capitalization of $44.29 million, a P/E ratio of 22.46 and a beta of 1.04.

Fidelity Disruptive Finance ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were issued a $0.028 dividend. The ex-dividend date of this dividend was Friday, December 20th. This represents a $0.11 annualized dividend and a dividend yield of 0.33%.

Hedge Funds Weigh In On Fidelity Disruptive Finance ETF

An institutional investor recently bought a new position in Fidelity Disruptive Finance ETF stock. Bank of America Corp DE acquired a new position in Fidelity Disruptive Finance ETF (NASDAQ:FDFFFree Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 11,600 shares of the company’s stock, valued at approximately $428,000. Bank of America Corp DE owned 0.89% of Fidelity Disruptive Finance ETF as of its most recent filing with the Securities and Exchange Commission.

About Fidelity Disruptive Finance ETF

(Get Free Report)

The Fidelity Disruptive Finance ETF (FDFF) 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 disruptive finance companies. These are organizations in the finance industry that are pushing for innovative developments that may significantly alter the way they deliver their products and services FDFF was launched on Apr 16, 2020 and is managed by Fidelity.

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