Jacobs Equity LLC purchased a new stake in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 11,991 shares of the company’s stock, valued at approximately $989,000.
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Bellwether Advisors LLC acquired a new position in Fidelity MSCI Industrials Index ETF during the 4th quarter worth approximately $15,898,000. Lido Advisors LLC increased its position in shares of Fidelity MSCI Industrials Index ETF by 1.9% in the 3rd quarter. Lido Advisors LLC now owns 1,736,585 shares of the company’s stock valued at $142,296,000 after purchasing an additional 32,118 shares during the last quarter. Maxele Advisors LLC acquired a new stake in shares of Fidelity MSCI Industrials Index ETF in the 3rd quarter valued at $1,498,000. AE Wealth Management LLC raised its holdings in shares of Fidelity MSCI Industrials Index ETF by 24.3% in the 4th quarter. AE Wealth Management LLC now owns 1,307,516 shares of the company’s stock valued at $107,844,000 after purchasing an additional 255,717 shares in the last quarter. Finally, Mach 1 Financial Group LLC acquired a new stake in shares of Fidelity MSCI Industrials Index ETF in the 4th quarter valued at $2,224,000.
Fidelity MSCI Industrials Index ETF Trading Up 0.8%
Fidelity MSCI Industrials Index ETF stock opened at $97.56 on Friday. The company has a fifty day simple moving average of $93.75 and a 200-day simple moving average of $90.04. The stock has a market cap of $2.15 billion, a P/E ratio of 24.65 and a beta of 1.04. Fidelity MSCI Industrials Index ETF has a 12-month low of $74.29 and a 12-month high of $98.37.
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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