Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) Shares Sold by Lynch & Associates IN

Lynch & Associates IN cut its stake in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 3.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 23,775 shares of the company’s stock after selling 774 shares during the quarter. Lynch & Associates IN’s holdings in Fidelity MSCI Industrials Index ETF were worth $1,672,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of FIDU. Thrivent Financial for Lutherans acquired a new stake in Fidelity MSCI Industrials Index ETF in the 3rd quarter valued at about $2,321,000. Jane Street Group LLC acquired a new stake in Fidelity MSCI Industrials Index ETF in the third quarter valued at approximately $1,629,000. Cetera Investment Advisers lifted its stake in Fidelity MSCI Industrials Index ETF by 16.7% in the second quarter. Cetera Investment Advisers now owns 15,807 shares of the company’s stock worth $1,033,000 after acquiring an additional 2,263 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Fidelity MSCI Industrials Index ETF by 2.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 75,016 shares of the company’s stock worth $4,904,000 after acquiring an additional 1,561 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its position in shares of Fidelity MSCI Industrials Index ETF by 3.4% in the 2nd quarter. Sunbelt Securities Inc. now owns 14,488 shares of the company’s stock valued at $947,000 after purchasing an additional 480 shares during the last quarter.

Fidelity MSCI Industrials Index ETF Stock Down 1.2 %

Fidelity MSCI Industrials Index ETF stock traded down $0.88 during midday trading on Friday, reaching $70.08. The company’s stock had a trading volume of 101,004 shares, compared to its average volume of 84,384. The business has a 50-day simple moving average of $73.75 and a 200-day simple moving average of $70.69. The company has a market cap of $1.12 billion, a P/E ratio of 25.35 and a beta of 0.97. Fidelity MSCI Industrials Index ETF has a fifty-two week low of $58.88 and a fifty-two week high of $77.59.

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.