Davies Financial Advisors Inc. Has $245,000 Stake in Fidelity Disruptive Communications ETF (NASDAQ:FDCF)

Davies Financial Advisors Inc. cut its holdings in shares of Fidelity Disruptive Communications ETF (NASDAQ:FDCF) by 6.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,475 shares of the company’s stock after selling 440 shares during the quarter. Davies Financial Advisors Inc. owned about 0.43% of Fidelity Disruptive Communications ETF worth $245,000 as of its most recent SEC filing.

Fidelity Disruptive Communications ETF Stock Up 0.9 %

Fidelity Disruptive Communications ETF stock opened at $38.98 on Tuesday. The company’s 50-day moving average price is $38.67 and its two-hundred day moving average price is $36.75. The stock has a market cap of $58.47 million, a P/E ratio of 30.80 and a beta of 1.41. Fidelity Disruptive Communications ETF has a twelve month low of $29.26 and a twelve month high of $40.56.

Fidelity Disruptive Communications ETF Profile

The Fidelity Disruptive Communications ETF (FDCF) 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 companies tied with disruptive technologies in communications services. The fund invests in securities of domestic and foreign issuers FDCF was launched on Apr 16, 2020 and is managed by Fidelity.