KDK Private Wealth Management LLC Takes Position in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

KDK Private Wealth Management LLC purchased a new position in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 27,186 shares of the company’s stock, valued at approximately $1,911,000. Fidelity MSCI Industrials Index ETF accounts for 2.0% of KDK Private Wealth Management LLC’s holdings, making the stock its 9th largest position.

A number of other institutional investors have also recently bought and sold shares of the business. Sanctuary Advisors LLC acquired a new position in Fidelity MSCI Industrials Index ETF in the 3rd quarter valued at about $11,677,000. Thrivent Financial for Lutherans grew its position in shares of Fidelity MSCI Industrials Index ETF by 318.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 134,621 shares of the company’s stock valued at $9,641,000 after purchasing an additional 102,458 shares during the last quarter. LPL Financial LLC increased its stake in shares of Fidelity MSCI Industrials Index ETF by 57.0% during the fourth quarter. LPL Financial LLC now owns 148,168 shares of the company’s stock worth $10,418,000 after purchasing an additional 53,813 shares during the period. Modern Wealth Management LLC acquired a new stake in Fidelity MSCI Industrials Index ETF during the 4th quarter worth approximately $3,669,000. Finally, Grant GrossMendelsohn LLC bought a new stake in Fidelity MSCI Industrials Index ETF in the 4th quarter valued at $3,256,000.

Fidelity MSCI Industrials Index ETF Price Performance

FIDU stock opened at $64.82 on Friday. Fidelity MSCI Industrials Index ETF has a fifty-two week low of $59.16 and a fifty-two week high of $77.59. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 22.78 and a beta of 1.07. The business’s fifty day moving average price is $69.65 and its two-hundred day moving average price is $72.07.

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.