Fidelity Disruptive Finance ETF (NASDAQ:FDFF) Stock Price Down 3.6% – Should You Sell?

Fidelity Disruptive Finance ETF (NASDAQ:FDFFGet Free Report)’s share price traded down 3.6% during trading on Monday . The stock traded as low as $33.56 and last traded at $33.85. 6,124 shares were traded during trading, an increase of 62% from the average session volume of 3,790 shares. The stock had previously closed at $35.10.

Fidelity Disruptive Finance ETF Trading Up 0.9 %

The company has a 50 day moving average of $37.49 and a 200 day moving average of $36.09. The firm has a market cap of $44.29 million, a price-to-earnings ratio of 22.46 and a beta of 1.04.

Fidelity Disruptive Finance ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Friday, December 20th were given a $0.028 dividend. The ex-dividend date of this dividend was Friday, December 20th. This represents a $0.11 dividend on an annualized basis and a yield of 0.33%.

Institutional Investors Weigh In On Fidelity Disruptive Finance ETF

An institutional investor recently bought a new position in Fidelity Disruptive Finance ETF stock. Bank of America Corp DE acquired a new position in Fidelity Disruptive Finance ETF (NASDAQ:FDFFFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 11,600 shares of the company’s stock, valued at approximately $428,000. Bank of America Corp DE owned about 0.89% of Fidelity Disruptive Finance ETF at the end of the most recent reporting period.

About Fidelity Disruptive Finance ETF

(Get Free Report)

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.

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