Fidelity MSCI Industrials Index ETF $FIDU Shares Sold by Tounjian Advisory Partners LLC

Tounjian Advisory Partners LLC cut its position in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 28.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,114 shares of the company’s stock after selling 5,896 shares during the quarter. Tounjian Advisory Partners LLC owned approximately 0.08% of Fidelity MSCI Industrials Index ETF worth $1,238,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Private Trust Co. NA purchased a new position in Fidelity MSCI Industrials Index ETF in the 3rd quarter valued at about $30,000. PNC Financial Services Group Inc. increased its position in shares of Fidelity MSCI Industrials Index ETF by 51.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 378 shares of the company’s stock worth $29,000 after purchasing an additional 128 shares during the last quarter. MTM Investment Management LLC bought a new stake in shares of Fidelity MSCI Industrials Index ETF in the 2nd quarter worth about $37,000. JPMorgan Chase & Co. raised its stake in shares of Fidelity MSCI Industrials Index ETF by 1,866.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 944 shares of the company’s stock valued at $73,000 after purchasing an additional 896 shares in the last quarter. Finally, US Bancorp DE lifted its position in shares of Fidelity MSCI Industrials Index ETF by 38.4% during the third quarter. US Bancorp DE now owns 1,178 shares of the company’s stock worth $97,000 after purchasing an additional 327 shares during the last quarter.

Fidelity MSCI Industrials Index ETF Stock Down 0.2%

Shares of Fidelity MSCI Industrials Index ETF stock opened at $94.63 on Friday. The business has a 50-day moving average price of $89.23 and a 200 day moving average price of $84.11. Fidelity MSCI Industrials Index ETF has a fifty-two week low of $59.16 and a fifty-two week high of $95.47. The firm has a market cap of $1.78 billion, a P/E ratio of 24.65 and a beta of 1.11.

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.