Venturi Wealth Management LLC Makes New Investment in Fidelity Disruptive Technology ETF (NASDAQ:FDTX)

Venturi Wealth Management LLC purchased a new position in Fidelity Disruptive Technology ETF (NASDAQ:FDTX) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,000 shares of the company’s stock, valued at approximately $212,000.

Separately, Kovack Advisors Inc. lifted its holdings in shares of Fidelity Disruptive Technology ETF by 17.4% in the third quarter. Kovack Advisors Inc. now owns 9,125 shares of the company’s stock valued at $297,000 after purchasing an additional 1,350 shares in the last quarter.

Fidelity Disruptive Technology ETF Stock Down 2.9 %

FDTX stock opened at $36.57 on Friday. Fidelity Disruptive Technology ETF has a twelve month low of $27.21 and a twelve month high of $38.45. The stock’s 50 day moving average is $36.69 and its 200-day moving average is $34.48. The firm has a market capitalization of $171.86 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.