SVB Wealth LLC Reduces Stock Position in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

SVB Wealth LLC lowered its stake in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 25.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,469 shares of the company’s stock after selling 3,481 shares during the period. SVB Wealth LLC owned 0.08% of Fidelity MSCI Industrials Index ETF worth $641,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in FIDU. CWM LLC lifted its position in shares of Fidelity MSCI Industrials Index ETF by 227.2% during the third quarter. CWM LLC now owns 553 shares of the company’s stock worth $30,000 after acquiring an additional 384 shares in the last quarter. Princeton Global Asset Management LLC purchased a new stake in shares of Fidelity MSCI Industrials Index ETF during the fourth quarter worth $32,000. Almanack Investment Partners LLC. purchased a new stake in shares of Fidelity MSCI Industrials Index ETF during the third quarter worth $32,000. Simplex Trading LLC purchased a new stake in shares of Fidelity MSCI Industrials Index ETF in the third quarter worth $36,000. Finally, Money Concepts Capital Corp purchased a new stake in shares of Fidelity MSCI Industrials Index ETF in the fourth quarter worth $37,000.

Fidelity MSCI Industrials Index ETF Stock Performance

Shares of FIDU stock opened at $64.47 on Friday. Fidelity MSCI Industrials Index ETF has a 52-week low of $50.70 and a 52-week high of $67.98. The company has a market capitalization of $876.79 million, a PE ratio of 21.99 and a beta of 1.13. The business’s fifty day moving average is $65.54 and its 200 day moving average is $60.34.

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.