Bayshore Capital Advisors LLC Buys New Stake in Fidelity MSCI Industrials Index ETF $FIDU

Bayshore Capital Advisors LLC purchased a new stake in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 8,467 shares of the company’s stock, valued at approximately $750,000. Fidelity MSCI Industrials Index ETF comprises approximately 0.4% of Bayshore Capital Advisors LLC’s portfolio, making the stock its 26th biggest holding.

A number of other institutional investors also recently modified their holdings of the company. Commonwealth Equity Services LLC bought a new stake in shares of Fidelity MSCI Industrials Index ETF during the 3rd quarter worth $29,316,000. Sanctuary Advisors LLC boosted its holdings in shares of Fidelity MSCI Industrials Index ETF by 4.8% during the 1st quarter. Sanctuary Advisors LLC now owns 182,270 shares of the company’s stock valued at $15,770,000 after purchasing an additional 8,351 shares during the last quarter. Bank of America Corp DE raised its position in Fidelity MSCI Industrials Index ETF by 13.6% during the first quarter. Bank of America Corp DE now owns 142,307 shares of the company’s stock valued at $12,312,000 after purchasing an additional 16,992 shares during the period. Independence Financial Advisors LLC grew its position in Fidelity MSCI Industrials Index ETF by 4.4% in the 3rd quarter. Independence Financial Advisors LLC now owns 142,295 shares of the company’s stock valued at $12,605,000 after acquiring an additional 5,970 shares during the last quarter. Finally, Kestra Advisory Services LLC increased its holdings in Fidelity MSCI Industrials Index ETF by 8.5% during the third quarter. Kestra Advisory Services LLC now owns 135,327 shares of the company’s stock valued at $11,987,000 after buying an additional 10,606 shares during the period.

Fidelity MSCI Industrials Index ETF Trading Up 0.4%

Shares of FIDU stock opened at $86.21 on Friday. The company has a market capitalization of $2.21 billion, a P/E ratio of 24.65 and a beta of 1.03. Fidelity MSCI Industrials Index ETF has a 12-month low of $78.27 and a 12-month high of $100.00. The business’s 50 day moving average is $89.84 and its two-hundred day moving average is $92.66.

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.