International Assets Investment Management LLC Purchases 52,791 Shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

International Assets Investment Management LLC lifted its position in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 7,114.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,533 shares of the company’s stock after purchasing an additional 52,791 shares during the quarter. International Assets Investment Management LLC’s holdings in Fidelity MSCI Industrials Index ETF were worth $38,630,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Valley Brook Capital Group Inc. lifted its stake in Fidelity MSCI Industrials Index ETF by 3.5% during the second quarter. Valley Brook Capital Group Inc. now owns 5,136 shares of the company’s stock worth $336,000 after purchasing an additional 175 shares during the period. Stonebridge Financial Planning Group LLC boosted its stake in Fidelity MSCI Industrials Index ETF by 1.4% in the 2nd quarter. Stonebridge Financial Planning Group LLC now owns 15,733 shares of the company’s stock valued at $1,028,000 after buying an additional 221 shares in the last quarter. Comerica Bank grew its position in Fidelity MSCI Industrials Index ETF by 14.0% in the first quarter. Comerica Bank now owns 2,288 shares of the company’s stock valued at $155,000 after acquiring an additional 281 shares during the period. Prairie Wealth Advisors Inc. raised its stake in Fidelity MSCI Industrials Index ETF by 4.5% during the second quarter. Prairie Wealth Advisors Inc. now owns 6,727 shares of the company’s stock worth $440,000 after acquiring an additional 289 shares in the last quarter. Finally, Brookstone Capital Management raised its stake in Fidelity MSCI Industrials Index ETF by 8.7% during the third quarter. Brookstone Capital Management now owns 4,404 shares of the company’s stock worth $318,000 after acquiring an additional 352 shares in the last quarter.

Fidelity MSCI Industrials Index ETF Stock Performance

Shares of NYSEARCA:FIDU opened at $72.42 on Tuesday. The company’s fifty day moving average is $70.86 and its 200-day moving average is $67.88. Fidelity MSCI Industrials Index ETF has a 52 week low of $51.29 and a 52 week high of $74.30. The company has a market capitalization of $1.16 billion, a PE ratio of 25.35 and a beta of 0.97.

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.