Hanseatic Management Services Inc. purchased a new position in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU – Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,142 shares of the company’s stock, valued at approximately $2,002,000. Fidelity MSCI Industrials Index ETF makes up approximately 1.9% of Hanseatic Management Services Inc.’s portfolio, making the stock its 17th largest position. Hanseatic Management Services Inc. owned 0.11% of Fidelity MSCI Industrials Index ETF as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Bellwether Advisors LLC bought a new position in shares of Fidelity MSCI Industrials Index ETF in the 4th quarter worth $15,898,000. Ironwood Wealth Management LLC. acquired a new stake in Fidelity MSCI Industrials Index ETF in the 1st quarter valued at $531,000. Mach 1 Financial Group LLC bought a new stake in Fidelity MSCI Industrials Index ETF during the 4th quarter valued at $2,224,000. Atlas Capital Advisors Inc. bought a new stake in Fidelity MSCI Industrials Index ETF during the 4th quarter valued at $2,980,000. Finally, Blue Jean Financial LLC acquired a new position in Fidelity MSCI Industrials Index ETF during the fourth quarter worth $822,000.
Fidelity MSCI Industrials Index ETF Price Performance
Shares of NYSEARCA FIDU opened at $95.47 on Friday. The company has a 50-day moving average price of $95.52 and a 200-day moving average price of $92.11. The stock has a market capitalization of $2.31 billion, a P/E ratio of 24.65 and a beta of 1.03. Fidelity MSCI Industrials Index ETF has a 1 year low of $78.16 and a 1 year high of $100.00.
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.
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