Modern Wealth Management LLC Takes Position in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Modern Wealth Management LLC purchased a new position in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDUFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 49,835 shares of the company’s stock, valued at approximately $3,669,000. Modern Wealth Management LLC owned approximately 0.31% of Fidelity MSCI Industrials Index ETF at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Decker Retirement Planning Inc. purchased a new position in shares of Fidelity MSCI Industrials Index ETF in the fourth quarter worth $31,000. Briaud Financial Planning Inc purchased a new position in Fidelity MSCI Industrials Index ETF in the 4th quarter worth about $35,000. Global Retirement Partners LLC boosted its holdings 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 valued at $110,000 after acquiring an additional 1,558 shares during the last quarter. Principal Securities Inc. grew its stake in shares of Fidelity MSCI Industrials Index ETF by 5,792.9% in the fourth quarter. Principal Securities Inc. now owns 1,650 shares of the company’s stock worth $116,000 after acquiring an additional 1,622 shares during the period. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of Fidelity MSCI Industrials Index ETF during the third quarter valued at approximately $211,000.

Fidelity MSCI Industrials Index ETF Trading Up 0.1 %

Shares of FIDU stock opened at $70.55 on Wednesday. Fidelity MSCI Industrials Index ETF has a 12-month low of $63.70 and a 12-month high of $77.59. The stock has a market capitalization of $1.26 billion, a P/E ratio of 24.50 and a beta of 1.14. The firm’s 50 day moving average is $71.85 and its 200 day moving average is $72.48.

About Fidelity MSCI Industrials Index ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

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