Tounjian Advisory Partners LLC Buys New Shares in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Tounjian Advisory Partners LLC purchased a new position in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) in the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 21,354 shares of the company’s stock, valued at approximately $1,462,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Valley Brook Capital Group Inc. raised its holdings in shares of Fidelity MSCI Industrials Index ETF by 2.6% during the 4th quarter. Valley Brook Capital Group Inc. now owns 5,567 shares of the company’s stock valued at $391,000 after buying an additional 140 shares in the last quarter. Centaurus Financial Inc. raised its stake in shares of Fidelity MSCI Industrials Index ETF by 2.8% during the fourth quarter. Centaurus Financial Inc. now owns 6,693 shares of the company’s stock worth $471,000 after acquiring an additional 181 shares in the last quarter. Kestra Private Wealth Services LLC raised its stake in shares of Fidelity MSCI Industrials Index ETF by 0.7% during the fourth quarter. Kestra Private Wealth Services LLC now owns 28,117 shares of the company’s stock worth $1,977,000 after acquiring an additional 195 shares in the last quarter. Sigma Planning Corp lifted its holdings in shares of Fidelity MSCI Industrials Index ETF by 5.4% in the 4th quarter. Sigma Planning Corp now owns 3,950 shares of the company’s stock worth $278,000 after acquiring an additional 204 shares during the last quarter. Finally, Penobscot Wealth Management boosted its stake in shares of Fidelity MSCI Industrials Index ETF by 1.7% in the 4th quarter. Penobscot Wealth Management now owns 14,889 shares of the company’s stock valued at $1,047,000 after purchasing an additional 248 shares in the last quarter.

Fidelity MSCI Industrials Index ETF Stock Up 1.0%

Shares of NYSEARCA:FIDU opened at $76.04 on Monday. The stock has a market cap of $1.36 billion, a PE ratio of 24.78 and a beta of 1.10. The company’s fifty day moving average is $69.95 and its 200 day moving average is $71.43. Fidelity MSCI Industrials Index ETF has a 52 week low of $59.16 and a 52 week high of $77.59.

Fidelity MSCI Industrials Index ETF Company Profile

The Fidelity MSCI Industrials Index ETF (FIDU) is an exchange-traded fund that is based on the MSCI USA IMI Industrials 25\u002F25 index, a market-cap-weighted index of stocks in the broad US industrials sector. FIDU was launched on Oct 21, 2013 and is managed by Fidelity.