Citadel Advisors LLC Buys 17,596 Shares of Fidelity Disruptive Finance ETF $FDFF

Citadel Advisors LLC raised its stake in Fidelity Disruptive Finance ETF (NASDAQ:FDFF) by 123.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,845 shares of the company’s stock after buying an additional 17,596 shares during the period. Citadel Advisors LLC owned about 2.65% of Fidelity Disruptive Finance ETF worth $1,054,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Osaic Holdings Inc. increased its position in shares of Fidelity Disruptive Finance ETF by 443.5% during the second quarter. Osaic Holdings Inc. now owns 1,087 shares of the company’s stock worth $42,000 after acquiring an additional 887 shares during the period. Virtu Financial LLC bought a new position in Fidelity Disruptive Finance ETF in the third quarter worth approximately $263,000. POM Investment Strategies LLC grew its stake in Fidelity Disruptive Finance ETF by 119.6% in the second quarter. POM Investment Strategies LLC now owns 19,240 shares of the company’s stock worth $637,000 after purchasing an additional 10,480 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings in Fidelity Disruptive Finance ETF by 532.8% during the 4th quarter. Jane Street Group LLC now owns 90,056 shares of the company’s stock worth $3,208,000 after purchasing an additional 75,824 shares during the period.

Fidelity Disruptive Finance ETF Stock Down 1.0%

Shares of NASDAQ FDFF opened at $36.37 on Friday. The business has a fifty day simple moving average of $36.27 and a two-hundred day simple moving average of $33.94. The firm has a market cap of $43.65 million, a PE ratio of 24.27 and a beta of 1.12. Fidelity Disruptive Finance ETF has a twelve month low of $30.16 and a twelve month high of $38.40.

Fidelity Disruptive Finance ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were paid a dividend of $0.188 per share. This is an increase from Fidelity Disruptive Finance ETF’s previous quarterly dividend of $0.05. This represents a $0.75 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Thursday, June 18th.

Fidelity Disruptive Finance ETF Company Profile

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.