Fidelity MSCI Industrials Index ETF $FIDU Shares Sold by PKS Advisory Services LLC

PKS Advisory Services LLC lowered its stake in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 12.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,921 shares of the company’s stock after selling 700 shares during the quarter. PKS Advisory Services LLC’s holdings in Fidelity MSCI Industrials Index ETF were worth $382,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. AGF Management Ltd. raised its stake in shares of Fidelity MSCI Industrials Index ETF by 107.4% in the 1st quarter. AGF Management Ltd. now owns 283,661 shares of the company’s stock valued at $19,422,000 after acquiring an additional 146,875 shares during the period. Independence Financial Advisors LLC purchased a new position in shares of Fidelity MSCI Industrials Index ETF during the 1st quarter worth approximately $6,041,000. Goldman Sachs Group Inc. acquired a new stake in Fidelity MSCI Industrials Index ETF in the 1st quarter valued at approximately $5,221,000. HighTower Advisors LLC raised its position in Fidelity MSCI Industrials Index ETF by 295.4% in the first quarter. HighTower Advisors LLC now owns 78,863 shares of the company’s stock valued at $5,400,000 after purchasing an additional 58,917 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in Fidelity MSCI Industrials Index ETF by 6.4% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 754,700 shares of the company’s stock valued at $51,674,000 after purchasing an additional 45,301 shares during the period.

Fidelity MSCI Industrials Index ETF Stock Down 2.0%

FIDU opened at $78.27 on Friday. Fidelity MSCI Industrials Index ETF has a 52 week low of $59.16 and a 52 week high of $84.07. The business has a fifty day simple moving average of $81.57 and a 200-day simple moving average of $78.99. The firm has a market cap of $1.42 billion, a P/E ratio of 24.65 and a beta of 1.11.

Fidelity MSCI Industrials Index ETF 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.