Citadel Advisors LLC Acquires 17,596 Shares of Fidelity Disruptive Finance ETF $FDFF

Citadel Advisors LLC lifted its holdings in Fidelity Disruptive Finance ETF (NASDAQ:FDFF) by 123.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 31,845 shares of the company’s stock after purchasing an additional 17,596 shares during the period. Citadel Advisors LLC’s holdings in Fidelity Disruptive Finance ETF were worth $1,054,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Osaic Holdings Inc. increased its holdings in Fidelity Disruptive Finance ETF by 443.5% during the second quarter. Osaic Holdings Inc. now owns 1,087 shares of the company’s stock valued at $42,000 after buying an additional 887 shares during the period. Virtu Financial LLC bought a new position in Fidelity Disruptive Finance ETF in the third quarter worth approximately $263,000. Jane Street Group LLC lifted its holdings in Fidelity Disruptive Finance ETF by 532.8% during the fourth quarter. Jane Street Group LLC now owns 90,056 shares of the company’s stock worth $3,208,000 after buying an additional 75,824 shares during the period. Finally, POM Investment Strategies LLC lifted its holdings in Fidelity Disruptive Finance ETF by 119.6% during the second quarter. POM Investment Strategies LLC now owns 19,240 shares of the company’s stock worth $637,000 after buying an additional 10,480 shares during the period.

Fidelity Disruptive Finance ETF Trading Down 1.0%

Shares of NASDAQ FDFF opened at $36.37 on Friday. The stock has a market capitalization of $43.65 million, a PE ratio of 24.27 and a beta of 1.12. The stock’s fifty day simple moving average is $36.27 and its two-hundred day simple moving average is $33.94. Fidelity Disruptive Finance ETF has a 12-month low of $30.16 and a 12-month high of $38.40.

Fidelity Disruptive Finance ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were paid a dividend of $0.188 per share. This is an increase from Fidelity Disruptive Finance ETF’s previous quarterly dividend of $0.05. The ex-dividend date was Thursday, June 18th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.1%.

Fidelity Disruptive Finance ETF Profile

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.