Kovitz Investment Group Partners LLC cut its stake in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU – Free Report) by 7.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 129,994 shares of the company’s stock after selling 10,847 shares during the period. Kovitz Investment Group Partners LLC owned approximately 0.69% of Fidelity MSCI Industrials Index ETF worth $10,722,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Aptus Capital Advisors LLC raised its holdings in Fidelity MSCI Industrials Index ETF by 945.8% during the fourth quarter. Aptus Capital Advisors LLC now owns 617 shares of the company’s stock worth $51,000 after purchasing an additional 558 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Fidelity MSCI Industrials Index ETF by 1,866.7% during 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. First Horizon Corp acquired a new position in shares of Fidelity MSCI Industrials Index ETF during the 4th quarter valued at $75,000. Deutsche Bank AG acquired a new position in shares of Fidelity MSCI Industrials Index ETF during the 4th quarter valued at $82,000. Finally, Motiv8 Investments LLC bought a new stake in shares of Fidelity MSCI Industrials Index ETF in the 4th quarter worth $83,000.
Fidelity MSCI Industrials Index ETF Trading Up 0.8%
Shares of NYSEARCA FIDU opened at $97.56 on Friday. The company has a market capitalization of $2.15 billion, a price-to-earnings ratio of 24.65 and a beta of 1.04. Fidelity MSCI Industrials Index ETF has a twelve month low of $74.29 and a twelve month high of $98.37. The firm has a 50-day moving average of $93.75 and a two-hundred day moving average of $90.04.
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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