Fidelity Disruptive Technology ETF (NASDAQ:FDTX) Shares Acquired by Kovack Advisors Inc.

Kovack Advisors Inc. boosted its holdings in Fidelity Disruptive Technology ETF (NASDAQ:FDTX) by 17.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 9,125 shares of the company’s stock after buying an additional 1,350 shares during the quarter. Kovack Advisors Inc.’s holdings in Fidelity Disruptive Technology ETF were worth $297,000 at the end of the most recent quarter.

Separately, Dana Investment Advisors Inc. acquired a new position in Fidelity Disruptive Technology ETF during the second quarter worth approximately $230,000.

Fidelity Disruptive Technology ETF Stock Down 2.3 %

Shares of FDTX opened at $34.69 on Friday. Fidelity Disruptive Technology ETF has a fifty-two week low of $25.65 and a fifty-two week high of $35.97. The company’s fifty day moving average is $33.09 and its two-hundred day moving average is $32.42. The firm has a market cap of $163.04 million, a PE ratio of 39.22 and a beta of 1.67.

About Fidelity Disruptive Technology ETF

The Fidelity Disruptive Technology ETF (FDTX) 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 believed to have the potential for market disruption. The fund holds global disruptive technology companies, from machine learning to next-generation hardware and AI.