Thrivent Financial for Lutherans Raises Stake in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Thrivent Financial for Lutherans grew its stake in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 318.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 134,621 shares of the company’s stock after acquiring an additional 102,458 shares during the period. Thrivent Financial for Lutherans’ holdings in Fidelity MSCI Industrials Index ETF were worth $9,641,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in FIDU. Decker Retirement Planning Inc. purchased a new stake in shares of Fidelity MSCI Industrials Index ETF during the 4th quarter worth $31,000. Briaud Financial Planning Inc purchased a new stake in shares of Fidelity MSCI Industrials Index ETF during the 4th quarter worth $35,000. Global Retirement Partners LLC boosted its position in shares of Fidelity MSCI Industrials Index ETF by 51,933.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,561 shares of the company’s stock worth $110,000 after purchasing an additional 1,558 shares in the last quarter. Principal Securities Inc. boosted its position in shares of Fidelity MSCI Industrials Index ETF by 5,792.9% during the 4th quarter. Principal Securities Inc. now owns 1,650 shares of the company’s stock worth $116,000 after purchasing an additional 1,622 shares in the last quarter. Finally, SVB Wealth LLC purchased a new stake in shares of Fidelity MSCI Industrials Index ETF during the 4th quarter worth $208,000.

Fidelity MSCI Industrials Index ETF Stock Performance

Shares of NYSEARCA FIDU opened at $69.03 on Friday. The firm has a market capitalization of $1.24 billion, a P/E ratio of 24.50 and a beta of 1.14. Fidelity MSCI Industrials Index ETF has a one year low of $63.70 and a one year high of $77.59. The company’s fifty day moving average is $71.88 and its two-hundred day moving average is $72.41.

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.