Fidelity Disruptive Automation ETF to Issue Quarterly Dividend of $0.03 (NASDAQ:FBOT)

Fidelity Disruptive Automation ETF (NASDAQ:FBOT) declared a quarterly dividend on Thursday, September 17th. Investors of record on Friday, September 18th will be paid a dividend of 0.028 per share on Tuesday, September 22nd. This represents a c) annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Friday, September 18th.

Fidelity Disruptive Automation ETF Trading Up 1.2%

Shares of Fidelity Disruptive Automation ETF stock opened at $38.09 on Friday. The firm’s 50 day simple moving average is $38.69 and its two-hundred day simple moving average is $37.72. The firm has a market capitalization of $209.50 million, a price-to-earnings ratio of 29.47 and a beta of 1.29. Fidelity Disruptive Automation ETF has a 12-month low of $30.45 and a 12-month high of $40.83.

Institutional Trading of Fidelity Disruptive Automation ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FBOT. SteelPeak Wealth LLC acquired a new position in shares of Fidelity Disruptive Automation ETF in the first quarter valued at about $828,000. Cetera Investment Advisers raised its position in Fidelity Disruptive Automation ETF by 21.0% during the 1st quarter. Cetera Investment Advisers now owns 17,727 shares of the company’s stock worth $587,000 after buying an additional 3,077 shares during the last quarter. Finally, POM Investment Strategies LLC lifted its stake in Fidelity Disruptive Automation ETF by 112.0% during the 2nd quarter. POM Investment Strategies LLC now owns 17,081 shares of the company’s stock valued at $676,000 after acquiring an additional 9,024 shares during the period.

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.