Kovack Advisors Inc. Buys Shares of 11,430 Fidelity Disruptive Automation ETF (NASDAQ:FBOT)

Kovack Advisors Inc. purchased a new stake in shares of Fidelity Disruptive Automation ETF (NASDAQ:FBOT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,430 shares of the company’s stock, valued at approximately $288,000. Kovack Advisors Inc. owned 0.28% of Fidelity Disruptive Automation ETF at the end of the most recent quarter.

Fidelity Disruptive Automation ETF Price Performance

NASDAQ FBOT opened at $25.69 on Tuesday. Fidelity Disruptive Automation ETF has a 1-year low of $20.72 and a 1-year high of $27.28. The firm has a market capitalization of $105.59 million, a P/E ratio of 33.37 and a beta of 1.18. The business’s 50-day simple moving average is $25.95 and its 200-day simple moving average is $24.46.

Fidelity Disruptive Automation ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Monday, March 18th were paid a dividend of $0.026 per share. The ex-dividend date was Friday, March 15th. This represents a $0.10 annualized dividend and a yield of 0.40%.

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.