HBW Advisory Services LLC Buys Shares of 7,017 Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

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

Several other hedge funds and other institutional investors also recently made changes to their positions in FIDU. CWA Asset Management Group LLC bought a new stake in shares of Fidelity MSCI Industrials Index ETF in the fourth quarter worth $261,000. Sanctuary Advisors LLC acquired a new stake in shares of Fidelity MSCI Industrials Index ETF in the third quarter valued at about $11,677,000. Sunbelt Securities Inc. raised its position in shares of Fidelity MSCI Industrials Index ETF by 3.7% during the third quarter. Sunbelt Securities Inc. now owns 15,030 shares of the company’s stock worth $1,085,000 after acquiring an additional 542 shares during the last quarter. MML Investors Services LLC lifted its stake in shares of Fidelity MSCI Industrials Index ETF by 6.2% in the third quarter. MML Investors Services LLC now owns 11,101 shares of the company’s stock worth $801,000 after acquiring an additional 652 shares during the period. Finally, Orion Portfolio Solutions LLC lifted its stake in shares of Fidelity MSCI Industrials Index ETF by 12.5% in the third quarter. Orion Portfolio Solutions LLC now owns 3,972 shares of the company’s stock worth $287,000 after acquiring an additional 441 shares during the period.

Fidelity MSCI Industrials Index ETF Stock Performance

Fidelity MSCI Industrials Index ETF stock opened at $70.08 on Friday. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of 25.35 and a beta of 0.97. Fidelity MSCI Industrials Index ETF has a 52-week low of $58.88 and a 52-week high of $77.59. The firm has a 50 day moving average price of $73.72 and a two-hundred day moving average price of $70.72.

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.