Envestnet Asset Management Inc. Increases Holdings in Fidelity MSCI Industrials Index ETF $FIDU

Envestnet Asset Management Inc. lifted its holdings in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 48.7% in the second quarter, HoldingsChannel.com reports. The fund owned 66,869 shares of the company’s stock after buying an additional 21,898 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Fidelity MSCI Industrials Index ETF were worth $5,184,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC lifted its holdings in Fidelity MSCI Industrials Index ETF by 20.4% in the 1st quarter. LPL Financial LLC now owns 178,344 shares of the company’s stock worth $12,211,000 after purchasing an additional 30,176 shares in the last quarter. Cetera Investment Advisers raised its position in shares of Fidelity MSCI Industrials Index ETF by 9.0% during the first quarter. Cetera Investment Advisers now owns 33,133 shares of the company’s stock valued at $2,269,000 after buying an additional 2,723 shares during the last quarter. HighTower Advisors LLC lifted its holdings in shares of Fidelity MSCI Industrials Index ETF by 295.4% in the first quarter. HighTower Advisors LLC now owns 78,863 shares of the company’s stock worth $5,400,000 after buying an additional 58,917 shares in the last quarter. Godsey & Gibb Inc. boosted its position in shares of Fidelity MSCI Industrials Index ETF by 48.9% during the second quarter. Godsey & Gibb Inc. now owns 761 shares of the company’s stock worth $59,000 after acquiring an additional 250 shares during the last quarter. Finally, VCI Wealth Management LLC boosted its position in shares of Fidelity MSCI Industrials Index ETF by 6.6% during the second quarter. VCI Wealth Management LLC now owns 21,379 shares of the company’s stock worth $1,657,000 after acquiring an additional 1,331 shares during the last quarter.

Fidelity MSCI Industrials Index ETF Stock Performance

Shares of NYSEARCA FIDU opened at $82.26 on Thursday. The company has a market cap of $1.49 billion, a P/E ratio of 24.65 and a beta of 1.11. Fidelity MSCI Industrials Index ETF has a 52-week low of $59.16 and a 52-week high of $84.07. The firm’s fifty day moving average is $81.64 and its two-hundred day moving average is $78.60.

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.