Wealth Enhancement Advisory Services LLC Takes Position in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Wealth Enhancement Advisory Services LLC bought a new position in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) in the 2nd quarter, Holdings Channel reports. The fund bought 4,192 shares of the company’s stock, valued at approximately $274,000.

A number of other hedge funds have also added to or reduced their stakes in the business. AGF Management Ltd. boosted its holdings in shares of Fidelity MSCI Industrials Index ETF by 42.1% during the 4th quarter. AGF Management Ltd. now owns 60,430 shares of the company’s stock worth $3,700,000 after buying an additional 17,908 shares in the last quarter. American National Bank increased its stake in shares of Fidelity MSCI Industrials Index ETF by 376.7% in the 4th quarter. American National Bank now owns 715 shares of the company’s stock valued at $44,000 after acquiring an additional 565 shares in the last quarter. Montag A & Associates Inc. boosted its stake in Fidelity MSCI Industrials Index ETF by 44.3% during the fourth quarter. Montag A & Associates Inc. now owns 7,636 shares of the company’s stock worth $468,000 after acquiring an additional 2,345 shares in the last quarter. Integrated Advisors Network LLC boosted its stake in Fidelity MSCI Industrials Index ETF by 7.1% during the fourth quarter. Integrated Advisors Network LLC now owns 7,318 shares of the company’s stock worth $448,000 after acquiring an additional 484 shares in the last quarter. Finally, Advisory Services Network LLC increased its stake in Fidelity MSCI Industrials Index ETF by 8.9% in the fourth quarter. Advisory Services Network LLC now owns 76,010 shares of the company’s stock valued at $4,654,000 after purchasing an additional 6,200 shares in the last quarter.

Fidelity MSCI Industrials Index ETF Trading Up 1.4 %

Shares of NYSEARCA FIDU opened at $69.42 on Monday. The firm’s 50-day moving average price is $66.66 and its 200-day moving average price is $66.08. The firm has a market capitalization of $1.11 billion, a P/E ratio of 25.35 and a beta of 0.97. Fidelity MSCI Industrials Index ETF has a 1-year low of $50.98 and a 1-year high of $69.76.

About Fidelity MSCI Industrials Index ETF

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.