Diversify Advisory Services LLC Makes New Investment in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Diversify Advisory Services LLC acquired a new stake in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 3,514 shares of the company’s stock, valued at approximately $256,000.

Several other institutional investors and hedge funds also recently made changes to their positions in FIDU. Smith Salley Wealth Management boosted its stake in Fidelity MSCI Industrials Index ETF by 19.0% during the first quarter. Smith Salley Wealth Management now owns 30,767 shares of the company’s stock worth $2,086,000 after acquiring an additional 4,902 shares in the last quarter. Montag A & Associates Inc. increased its position in Fidelity MSCI Industrials Index ETF by 44.4% in the 1st quarter. Montag A & Associates Inc. now owns 11,030 shares of the company’s stock valued at $748,000 after buying an additional 3,394 shares in the last quarter. Advisors Preferred LLC raised its stake in Fidelity MSCI Industrials Index ETF by 70.8% during the 1st quarter. Advisors Preferred LLC now owns 3,098 shares of the company’s stock worth $208,000 after buying an additional 1,284 shares during the period. Comerica Bank boosted its holdings in Fidelity MSCI Industrials Index ETF by 14.0% in the first quarter. Comerica Bank now owns 2,288 shares of the company’s stock worth $155,000 after acquiring an additional 281 shares in the last quarter. Finally, Pathway Financial Advisers LLC bought a new stake in shares of Fidelity MSCI Industrials Index ETF during the first quarter valued at approximately $240,000.

Fidelity MSCI Industrials Index ETF Trading Up 0.2 %

Shares of FIDU stock opened at $71.58 on Friday. Fidelity MSCI Industrials Index ETF has a 12 month low of $52.94 and a 12 month high of $74.30. The firm has a market capitalization of $1.15 billion, a PE ratio of 25.35 and a beta of 0.97. The firm has a fifty day simple moving average of $71.20 and a two-hundred day simple moving average of $68.06.

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.