Fidelity MSCI Industrials Index ETF $FIDU Stake Raised by Independence Financial Advisors LLC

Independence Financial Advisors LLC raised its holdings in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 58.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 132,727 shares of the company’s stock after acquiring an additional 48,777 shares during the quarter. Fidelity MSCI Industrials Index ETF accounts for about 3.3% of Independence Financial Advisors LLC’s portfolio, making the stock its 15th biggest holding. Independence Financial Advisors LLC owned 0.73% of Fidelity MSCI Industrials Index ETF worth $10,876,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its stake in Fidelity MSCI Industrials Index ETF by 17.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 882,815 shares of the company’s stock valued at $68,445,000 after acquiring an additional 128,115 shares in the last quarter. Lido Advisors LLC lifted its position in shares of Fidelity MSCI Industrials Index ETF by 7.9% in the second quarter. Lido Advisors LLC now owns 1,704,467 shares of the company’s stock worth $132,147,000 after purchasing an additional 125,189 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of Fidelity MSCI Industrials Index ETF by 23.5% during the third quarter. Commonwealth Equity Services LLC now owns 404,939 shares of the company’s stock worth $33,181,000 after purchasing an additional 77,068 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of Fidelity MSCI Industrials Index ETF during the first quarter worth approximately $5,221,000. Finally, Envestnet Asset Management Inc. grew its position in Fidelity MSCI Industrials Index ETF by 48.7% during the second quarter. Envestnet Asset Management Inc. now owns 66,869 shares of the company’s stock valued at $5,184,000 after purchasing an additional 21,898 shares in the last quarter.

Fidelity MSCI Industrials Index ETF Stock Up 1.4%

FIDU stock opened at $86.98 on Friday. The company has a 50 day moving average of $82.48 and a two-hundred day moving average of $81.20. Fidelity MSCI Industrials Index ETF has a 12-month low of $59.16 and a 12-month high of $87.09. The company has a market cap of $1.63 billion, a price-to-earnings ratio of 24.65 and a beta of 1.11.

Fidelity MSCI Industrials Index ETF Company 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.