Bayshore Capital Advisors LLC Purchases Shares of 8,843 Fidelity MSCI Industrials Index ETF $FIDU

Bayshore Capital Advisors LLC bought a new position in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 8,843 shares of the company’s stock, valued at approximately $729,000. Fidelity MSCI Industrials Index ETF comprises 0.4% of Bayshore Capital Advisors LLC’s holdings, making the stock its 21st largest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FIDU. JPMorgan Chase & Co. boosted 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 worth $73,000 after buying an additional 896 shares during the last quarter. First Horizon Corp purchased a new position in shares of Fidelity MSCI Industrials Index ETF in the 4th quarter worth approximately $75,000. US Bancorp DE boosted its stake in shares of Fidelity MSCI Industrials Index ETF by 38.4% in the 3rd quarter. US Bancorp DE now owns 1,178 shares of the company’s stock worth $97,000 after buying an additional 327 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new position in shares of Fidelity MSCI Industrials Index ETF in the 4th quarter worth approximately $119,000. Finally, Atlantic Union Bankshares Corp purchased a new position in shares of Fidelity MSCI Industrials Index ETF in the 3rd quarter worth approximately $134,000.

Fidelity MSCI Industrials Index ETF Stock Down 0.2%

Shares of NYSEARCA FIDU opened at $94.02 on Thursday. The company has a market capitalization of $2.07 billion, a PE ratio of 24.65 and a beta of 1.06. Fidelity MSCI Industrials Index ETF has a twelve month low of $73.01 and a twelve month high of $96.19. The stock’s 50 day moving average price is $90.81 and its 200-day moving average price is $87.71.

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.