PKS Advisory Services LLC Invests $397,000 in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

PKS Advisory Services LLC acquired a new stake in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,645 shares of the company’s stock, valued at approximately $397,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Decker Retirement Planning Inc. purchased a new position in Fidelity MSCI Industrials Index ETF in the fourth quarter valued at approximately $31,000. Briaud Financial Planning Inc purchased a new position in shares of Fidelity MSCI Industrials Index ETF in the 4th quarter valued at $35,000. Global Retirement Partners LLC raised its stake in Fidelity MSCI Industrials Index ETF by 51,933.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,561 shares of the company’s stock worth $110,000 after acquiring an additional 1,558 shares in the last quarter. Principal Securities Inc. lifted its position in Fidelity MSCI Industrials Index ETF by 5,792.9% in the fourth quarter. Principal Securities Inc. now owns 1,650 shares of the company’s stock valued at $116,000 after acquiring an additional 1,622 shares during the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in Fidelity MSCI Industrials Index ETF in the third quarter valued at $211,000.

Fidelity MSCI Industrials Index ETF Stock Performance

FIDU opened at $70.55 on Wednesday. Fidelity MSCI Industrials Index ETF has a one year low of $63.70 and a one year high of $77.59. The stock has a market capitalization of $1.26 billion, a P/E ratio of 24.50 and a beta of 1.14. The business’s 50-day simple moving average is $71.85 and its 200-day simple moving average is $72.48.

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.