Primoris Wealth Advisors LLC Invests $1.91 Million in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Primoris Wealth Advisors LLC acquired a new stake in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 27,125 shares of the company’s stock, valued at approximately $1,907,000. Fidelity MSCI Industrials Index ETF comprises about 1.5% of Primoris Wealth Advisors LLC’s portfolio, making the stock its 23rd largest position. Primoris Wealth Advisors LLC owned 0.17% of Fidelity MSCI Industrials Index ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in FIDU. Commonwealth Equity Services LLC grew its holdings in Fidelity MSCI Industrials Index ETF by 5.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 272,813 shares of the company’s stock valued at $19,181,000 after purchasing an additional 14,635 shares during the last quarter. Sanctuary Advisors LLC raised its holdings in Fidelity MSCI Industrials Index ETF by 1.8% in the 4th quarter. Sanctuary Advisors LLC now owns 155,233 shares of the company’s stock worth $11,484,000 after acquiring an additional 2,691 shares during the period. LPL Financial LLC lifted its position in Fidelity MSCI Industrials Index ETF by 57.0% during the 4th quarter. LPL Financial LLC now owns 148,168 shares of the company’s stock worth $10,418,000 after acquiring an additional 53,813 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in Fidelity MSCI Industrials Index ETF by 318.6% during the fourth quarter. Thrivent Financial for Lutherans now owns 134,621 shares of the company’s stock valued at $9,641,000 after acquiring an additional 102,458 shares during the period. Finally, Yoder Wealth Management Inc. grew its position in shares of Fidelity MSCI Industrials Index ETF by 9.8% in the fourth quarter. Yoder Wealth Management Inc. now owns 63,241 shares of the company’s stock valued at $4,446,000 after purchasing an additional 5,660 shares during the last quarter.

Fidelity MSCI Industrials Index ETF Stock Performance

Fidelity MSCI Industrials Index ETF stock opened at $65.76 on Friday. Fidelity MSCI Industrials Index ETF has a 52 week low of $59.16 and a 52 week high of $77.59. The firm has a market capitalization of $1.20 billion, a PE ratio of 22.78 and a beta of 1.07. The business’s 50-day simple moving average is $69.51 and its 200-day simple moving average is $72.03.

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.