Mutual Advisors LLC Invests $2.77 Million in Fidelity Crypto Industry and Digital Payments ETF $FDIG

Mutual Advisors LLC purchased a new stake in Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 52,576 shares of the company’s stock, valued at approximately $2,770,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. AE Wealth Management LLC grew its holdings in shares of Fidelity Crypto Industry and Digital Payments ETF by 58.5% during the 3rd quarter. AE Wealth Management LLC now owns 3,602 shares of the company’s stock worth $177,000 after purchasing an additional 1,330 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in Fidelity Crypto Industry and Digital Payments ETF in the second quarter valued at about $438,000. Bank of America Corp DE bought a new stake in Fidelity Crypto Industry and Digital Payments ETF during the second quarter worth about $222,000. Jane Street Group LLC grew its stake in Fidelity Crypto Industry and Digital Payments ETF by 244.2% during the first quarter. Jane Street Group LLC now owns 138,654 shares of the company’s stock worth $3,360,000 after buying an additional 98,374 shares in the last quarter. Finally, Traynor Capital Management Inc. bought a new position in Fidelity Crypto Industry and Digital Payments ETF in the 3rd quarter valued at about $586,000.

Fidelity Crypto Industry and Digital Payments ETF Trading Down 2.0%

NASDAQ FDIG opened at $38.74 on Tuesday. The firm has a market capitalization of $263.43 million, a price-to-earnings ratio of 19.69 and a beta of 3.05. The firm’s 50 day simple moving average is $42.19 and its 200 day simple moving average is $44.03. Fidelity Crypto Industry and Digital Payments ETF has a 1 year low of $20.52 and a 1 year high of $60.29.

Fidelity Crypto Industry and Digital Payments ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Friday, December 19th were paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Friday, December 19th. This is an increase from Fidelity Crypto Industry and Digital Payments ETF’s previous quarterly dividend of $0.02.

About Fidelity Crypto Industry and Digital Payments ETF

The Fidelity Crypto Industry and Digital Payments ETF (FDIG) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies related to cryptocurrency, blockchain technology, and digital payments processing, selected based on revenue derived from the relevant themes, and weighted by average daily trading volume. FDIG was launched on Apr 19, 2022 and is managed by Fidelity.