Kovack Advisors Inc. Has $269,000 Holdings in Fidelity Disruptive Automation ETF (NASDAQ:FBOT)

Kovack Advisors Inc. decreased its holdings in Fidelity Disruptive Automation ETF (NASDAQ:FBOT) by 11.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,930 shares of the company’s stock after selling 1,300 shares during the quarter. Kovack Advisors Inc. owned 0.27% of Fidelity Disruptive Automation ETF worth $269,000 at the end of the most recent reporting period.

Fidelity Disruptive Automation ETF Price Performance

Shares of NASDAQ FBOT opened at $27.13 on Friday. The business has a fifty day moving average price of $26.71 and a two-hundred day moving average price of $26.28. The stock has a market capitalization of $100.38 million, a PE ratio of 32.98 and a beta of 1.23. Fidelity Disruptive Automation ETF has a fifty-two week low of $22.46 and a fifty-two week high of $28.12.

Fidelity Disruptive Automation 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 paid a $0.029 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.43%. The ex-dividend date was Friday, September 20th. This is an increase from Fidelity Disruptive Automation ETF’s previous quarterly dividend of $0.03.

About Fidelity Disruptive Automation ETF

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.