SteelPeak Wealth LLC bought a new position in shares of Fidelity Disruptive Automation ETF (NASDAQ:FBOT – Free Report) during the first quarter, HoldingsChannel.com reports. The firm bought 25,000 shares of the company’s stock, valued at approximately $828,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FBOT. National Bank of Canada FI increased its position in shares of Fidelity Disruptive Automation ETF by 3.7% during the third quarter. National Bank of Canada FI now owns 550,430 shares of the company’s stock worth $18,016,000 after acquiring an additional 19,728 shares during the period. Jane Street Group LLC purchased a new position in Fidelity Disruptive Automation ETF in the first quarter valued at $1,856,000. LPL Financial LLC grew its stake in Fidelity Disruptive Automation ETF by 298.1% during the 4th quarter. LPL Financial LLC now owns 37,818 shares of the company’s stock worth $1,261,000 after purchasing an additional 28,319 shares in the last quarter. MML Investors Services LLC grew its stake in Fidelity Disruptive Automation ETF by 4.4% during the 2nd quarter. MML Investors Services LLC now owns 37,173 shares of the company’s stock worth $1,114,000 after purchasing an additional 1,560 shares in the last quarter. Finally, Cetera Investment Advisers acquired a new position in Fidelity Disruptive Automation ETF during the 4th quarter worth $488,000.
Fidelity Disruptive Automation ETF Price Performance
Shares of NASDAQ FBOT opened at $36.70 on Friday. The company has a market cap of $201.85 million, a price-to-earnings ratio of 29.47 and a beta of 1.28. The stock’s 50-day moving average is $38.81 and its two-hundred day moving average is $36.70. Fidelity Disruptive Automation ETF has a 1-year low of $30.45 and a 1-year high of $40.25.
Fidelity Disruptive Automation ETF Company Profile
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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