NewEdge Advisors LLC lessened its holdings in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU – Free Report) by 57.8% during the first quarter, Holdings Channel reports. The fund owned 36,587 shares of the company’s stock after selling 50,132 shares during the period. NewEdge Advisors LLC’s holdings in Fidelity MSCI Industrials Index ETF were worth $3,166,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also added to or reduced their stakes in the business. AE Wealth Management LLC grew its position in shares of Fidelity MSCI Industrials Index ETF by 24.3% during the 4th quarter. AE Wealth Management LLC now owns 1,307,516 shares of the company’s stock worth $107,844,000 after purchasing an additional 255,717 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Fidelity MSCI Industrials Index ETF by 3.1% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 910,474 shares of the company’s stock valued at $74,604,000 after buying an additional 27,659 shares in the last quarter. Bellwether Advisors LLC acquired a new stake in shares of Fidelity MSCI Industrials Index ETF in the fourth quarter valued at approximately $15,898,000. Sanctuary Advisors LLC boosted its stake in shares of Fidelity MSCI Industrials Index ETF by 4.8% in the first quarter. Sanctuary Advisors LLC now owns 182,270 shares of the company’s stock valued at $15,770,000 after buying an additional 8,351 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its position in Fidelity MSCI Industrials Index ETF by 5,801.0% during the third quarter. Mercer Global Advisors Inc. ADV now owns 161,332 shares of the company’s stock worth $13,219,000 after buying an additional 158,598 shares in the last quarter.
Fidelity MSCI Industrials Index ETF Price Performance
Fidelity MSCI Industrials Index ETF stock opened at $95.22 on Friday. The stock’s fifty day moving average price is $96.00 and its two-hundred day moving average price is $92.87. Fidelity MSCI Industrials Index ETF has a one year low of $78.16 and a one year high of $100.00. The firm has a market cap of $2.31 billion, a PE ratio of 24.65 and a beta of 1.03.
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.
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