HBW Advisory Services LLC Acquires New Stake in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

HBW Advisory Services LLC bought a new position in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 7,017 shares of the company’s stock, valued at approximately $493,000.

Several other hedge funds have also recently made changes to their positions in the company. Thrivent Financial for Lutherans bought a new stake in Fidelity MSCI Industrials Index ETF in the 3rd quarter valued at about $2,321,000. Jane Street Group LLC bought a new stake in shares of Fidelity MSCI Industrials Index ETF in the third quarter valued at approximately $1,629,000. Cetera Investment Advisers lifted its stake in shares of Fidelity MSCI Industrials Index ETF by 16.7% during the 2nd quarter. Cetera Investment Advisers now owns 15,807 shares of the company’s stock valued at $1,033,000 after buying an additional 2,263 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Fidelity MSCI Industrials Index ETF by 2.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 75,016 shares of the company’s stock worth $4,904,000 after buying an additional 1,561 shares during the period. Finally, Sunbelt Securities Inc. grew its stake in 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 buying an additional 480 shares in the last quarter.

Fidelity MSCI Industrials Index ETF Price Performance

NYSEARCA:FIDU opened at $70.08 on Friday. Fidelity MSCI Industrials Index ETF has a 1 year low of $58.88 and a 1 year high of $77.59. The stock’s fifty day moving average price is $73.72 and its two-hundred day moving average price is $70.72. 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 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.