Fmr LLC Lowers Position in Fidelity Disruptive Finance ETF (NASDAQ:FDFF)

Fmr LLC trimmed its stake in Fidelity Disruptive Finance ETF (NASDAQ:FDFF) by 9.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 580,504 shares of the company’s stock after selling 58,030 shares during the quarter. Fmr LLC owned about 48.38% of Fidelity Disruptive Finance ETF worth $19,284,000 as of its most recent filing with the SEC.

Fidelity Disruptive Finance ETF Stock Down 0.3 %

FDFF opened at $38.42 on Wednesday. The company has a 50 day moving average of $36.02 and a two-hundred day moving average of $32.84. Fidelity Disruptive Finance ETF has a 52-week low of $27.48 and a 52-week high of $39.53. The company has a market cap of $46.10 million, a P/E ratio of 19.61 and a beta of 1.04.

Fidelity Disruptive Finance ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 24th. Investors of record on Friday, September 20th were issued a $0.05 dividend. The ex-dividend date was Friday, September 20th. This is a boost from Fidelity Disruptive Finance ETF’s previous quarterly dividend of $0.04. This represents a $0.20 annualized dividend and a yield of 0.52%.

Fidelity Disruptive Finance ETF Company 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.