Mercer Global Advisors Inc. ADV Decreases Stock Position in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Mercer Global Advisors Inc. ADV reduced its holdings in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 17.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,607 shares of the company’s stock after selling 1,619 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in Fidelity MSCI Industrials Index ETF were worth $497,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC increased its position in Fidelity MSCI Industrials Index ETF by 17.5% in the second quarter. Commonwealth Equity Services LLC now owns 301,655 shares of the company’s stock worth $19,719,000 after buying an additional 44,827 shares during the period. Vicus Capital acquired a new position in shares of Fidelity MSCI Industrials Index ETF during the second quarter valued at $14,392,000. AGF Management Ltd. increased its holdings in shares of Fidelity MSCI Industrials Index ETF by 18.4% during the second quarter. AGF Management Ltd. now owns 174,149 shares of the company’s stock valued at $11,384,000 after purchasing an additional 27,030 shares during the period. Stifel Financial Corp increased its holdings in shares of Fidelity MSCI Industrials Index ETF by 0.3% during the fourth quarter. Stifel Financial Corp now owns 95,781 shares of the company’s stock valued at $5,865,000 after purchasing an additional 327 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Fidelity MSCI Industrials Index ETF by 2.1% during the second quarter. Envestnet Asset Management Inc. now owns 75,016 shares of the company’s stock valued at $4,904,000 after purchasing an additional 1,561 shares during the period.

Fidelity MSCI Industrials Index ETF Stock Performance

Shares of FIDU opened at $71.92 on Friday. The stock’s fifty day moving average is $68.54 and its 200-day moving average is $67.02. Fidelity MSCI Industrials Index ETF has a one year low of $50.98 and a one year high of $72.34. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 25.35 and a beta of 0.97.

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.