Jacobs Equity LLC Takes Position in Fidelity MSCI Industrials Index ETF $FIDU

Jacobs Equity LLC acquired a new stake in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,991 shares of the company’s stock, valued at approximately $989,000. Jacobs Equity LLC owned 0.06% of Fidelity MSCI Industrials Index ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Aptus Capital Advisors LLC raised its stake in Fidelity MSCI Industrials Index ETF by 945.8% during the fourth quarter. Aptus Capital Advisors LLC now owns 617 shares of the company’s stock worth $51,000 after purchasing an additional 558 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Fidelity MSCI Industrials Index ETF by 1,866.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 944 shares of the company’s stock valued at $73,000 after buying an additional 896 shares during the period. First Horizon Corp purchased a new stake in shares of Fidelity MSCI Industrials Index ETF in the 4th quarter valued at approximately $75,000. Deutsche Bank AG purchased a new stake in shares of Fidelity MSCI Industrials Index ETF in the 4th quarter valued at approximately $82,000. Finally, Motiv8 Investments LLC acquired a new stake in shares of Fidelity MSCI Industrials Index ETF during the 4th quarter worth approximately $83,000.

Fidelity MSCI Industrials Index ETF Price Performance

Shares of NYSEARCA FIDU opened at $97.56 on Friday. The company has a market capitalization of $2.15 billion, a P/E ratio of 24.65 and a beta of 1.04. The company has a 50 day simple moving average of $93.75 and a 200-day simple moving average of $90.04. Fidelity MSCI Industrials Index ETF has a 1 year low of $74.29 and a 1 year high of $98.37.

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.