Smith Salley Wealth Management Decreases Holdings in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Smith Salley Wealth Management trimmed its holdings in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 4.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,333 shares of the company’s stock after selling 1,395 shares during the period. Smith Salley Wealth Management owned about 0.19% of Fidelity MSCI Industrials Index ETF worth $2,133,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Thrivent Financial for Lutherans purchased a new stake in Fidelity MSCI Industrials Index ETF in the 3rd quarter worth about $2,321,000. Jane Street Group LLC bought a new position in Fidelity MSCI Industrials Index ETF during the third quarter worth about $1,629,000. Cetera Investment Advisers increased its stake in shares of Fidelity MSCI Industrials Index ETF by 16.7% in the second quarter. Cetera Investment Advisers now owns 15,807 shares of the company’s stock worth $1,033,000 after purchasing an additional 2,263 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Fidelity MSCI Industrials Index ETF by 2.1% in 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. Finally, Sunbelt Securities Inc. lifted its stake in shares of Fidelity MSCI Industrials Index ETF by 3.4% during the 2nd quarter. Sunbelt Securities Inc. now owns 14,488 shares of the company’s stock valued at $947,000 after buying an additional 480 shares in the last quarter.

Fidelity MSCI Industrials Index ETF Trading Up 0.5 %

FIDU opened at $73.60 on Friday. The company has a 50 day moving average of $73.52 and a 200 day moving average of $71.01. Fidelity MSCI Industrials Index ETF has a 12 month low of $59.15 and a 12 month high of $77.59. The company has a market cap of $1.18 billion, a PE 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.