Mcrae Capital Management Inc. Buys New Position in Fidelity MSCI Industrials Index ETF $FIDU

Mcrae Capital Management Inc. bought a new stake in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) in the second quarter, HoldingsChannel reports. The institutional investor bought 5,123 shares of the company’s stock, valued at approximately $397,000.

Several other institutional investors have also added to or reduced their stakes in the business. SYM FINANCIAL Corp bought a new stake in shares of Fidelity MSCI Industrials Index ETF during the 2nd quarter valued at $28,000. Hilltop National Bank bought a new position in Fidelity MSCI Industrials Index ETF in the 2nd quarter worth $30,000. Signature Resources Capital Management LLC purchased a new position in Fidelity MSCI Industrials Index ETF during the second quarter valued at $43,000. Godsey & Gibb Inc. grew its holdings in Fidelity MSCI Industrials Index ETF by 48.9% during the second quarter. Godsey & Gibb Inc. now owns 761 shares of the company’s stock valued at $59,000 after purchasing an additional 250 shares during the period. Finally, Founders Financial Alliance LLC grew its holdings in Fidelity MSCI Industrials Index ETF by 1,472.3% during the first quarter. Founders Financial Alliance LLC now owns 1,588 shares of the company’s stock valued at $109,000 after purchasing an additional 1,487 shares during the period.

Fidelity MSCI Industrials Index ETF Trading Down 0.8%

Fidelity MSCI Industrials Index ETF stock opened at $81.37 on Friday. Fidelity MSCI Industrials Index ETF has a 12-month low of $59.16 and a 12-month high of $84.07. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of 24.65 and a beta of 1.11. The firm has a 50 day moving average of $81.47 and a 200 day moving average of $78.08.

Fidelity MSCI Industrials Index ETF 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.