Lido Advisors LLC purchased a new position in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU – Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,813,017 shares of the company’s stock, valued at approximately $160,597,000. Fidelity MSCI Industrials Index ETF accounts for approximately 0.4% of Lido Advisors LLC’s investment portfolio, making the stock its 28th biggest position. Lido Advisors LLC owned about 7.08% of Fidelity MSCI Industrials Index ETF at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Commonwealth Equity Services LLC acquired a new stake in shares of Fidelity MSCI Industrials Index ETF in the 3rd quarter worth approximately $29,316,000. Sanctuary Advisors LLC grew its holdings in 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 purchasing an additional 8,351 shares during the last quarter. Bank of America Corp DE increased its position in shares of Fidelity MSCI Industrials Index ETF by 13.6% in the first quarter. Bank of America Corp DE now owns 142,307 shares of the company’s stock valued at $12,312,000 after buying an additional 16,992 shares in the last quarter. Independence Financial Advisors LLC increased its position in shares of Fidelity MSCI Industrials Index ETF by 4.4% in the third quarter. Independence Financial Advisors LLC now owns 142,295 shares of the company’s stock valued at $12,605,000 after buying an additional 5,970 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its position in shares of Fidelity MSCI Industrials Index ETF by 8.5% in the third quarter. Kestra Advisory Services LLC now owns 135,327 shares of the company’s stock valued at $11,987,000 after buying an additional 10,606 shares in the last quarter.
Fidelity MSCI Industrials Index ETF Stock Down 0.1%
NYSEARCA:FIDU opened at $89.61 on Wednesday. Fidelity MSCI Industrials Index ETF has a 52-week low of $78.27 and a 52-week high of $100.00. The stock has a fifty day simple moving average of $89.70 and a 200-day simple moving average of $92.66. The company has a market capitalization of $2.29 billion, a PE ratio of 26.35 and a beta of 1.04.
About Fidelity MSCI Industrials Index ETF
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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