NewEdge Advisors LLC Has $3.17 Million Holdings in Fidelity MSCI Industrials Index ETF $FIDU

NewEdge Advisors LLC lessened its holdings in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 57.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,587 shares of the company’s stock after selling 50,132 shares during the quarter. NewEdge Advisors LLC owned 0.17% of Fidelity MSCI Industrials Index ETF worth $3,166,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in FIDU. Bank of America Corp DE grew its stake in shares of Fidelity MSCI Industrials Index ETF by 13.6% in the first quarter. Bank of America Corp DE now owns 142,307 shares of the company’s stock valued at $12,312,000 after buying an additional 16,992 shares in the last quarter. Centaurus Financial Inc. raised its position in Fidelity MSCI Industrials Index ETF by 9.5% during the first quarter. Centaurus Financial Inc. now owns 8,095 shares of the company’s stock worth $700,000 after acquiring an additional 704 shares in the last quarter. Gateway Wealth Partners LLC raised its position in Fidelity MSCI Industrials Index ETF by 100.6% during the first quarter. Gateway Wealth Partners LLC now owns 5,038 shares of the company’s stock worth $436,000 after acquiring an additional 2,527 shares in the last quarter. Compound Planning Inc. acquired a new stake in Fidelity MSCI Industrials Index ETF in the first quarter valued at $1,112,000. Finally, Cetera Investment Advisers lifted its stake in Fidelity MSCI Industrials Index ETF by 11.7% in the first quarter. Cetera Investment Advisers now owns 51,868 shares of the company’s stock valued at $4,488,000 after acquiring an additional 5,445 shares during the last quarter.

Fidelity MSCI Industrials Index ETF Price Performance

Shares of FIDU opened at $95.22 on Friday. The company has a market cap of $2.31 billion, a PE ratio of 24.65 and a beta of 1.03. The firm has a 50-day moving average of $96.00 and a 200-day moving average of $92.87. Fidelity MSCI Industrials Index ETF has a one year low of $78.16 and a one year high of $100.00.

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.