NewEdge Advisors LLC Decreases Stock Position in Fidelity MSCI Industrials Index ETF $FIDU

NewEdge Advisors LLC lessened its stake in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 22.7% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 66,991 shares of the company’s stock after selling 19,728 shares during the period. NewEdge Advisors LLC owned 0.30% of Fidelity MSCI Industrials Index ETF worth $5,796,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Parallel Advisors LLC increased its holdings in shares of Fidelity MSCI Industrials Index ETF by 47.3% in the first quarter. Parallel Advisors LLC now owns 383 shares of the company’s stock worth $33,000 after purchasing an additional 123 shares during the last quarter. Aptus Capital Advisors LLC boosted its stake in Fidelity MSCI Industrials Index ETF by 945.8% during the fourth quarter. Aptus Capital Advisors LLC now owns 617 shares of the company’s stock valued at $51,000 after buying an additional 558 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Fidelity MSCI Industrials Index ETF by 1,866.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 944 shares of the company’s stock valued at $73,000 after buying an additional 896 shares in the last quarter. First Horizon Corp purchased a new position in Fidelity MSCI Industrials Index ETF during the 4th quarter valued at approximately $75,000. Finally, Deutsche Bank AG purchased a new position in Fidelity MSCI Industrials Index ETF during the 4th quarter valued at approximately $82,000.

Fidelity MSCI Industrials Index ETF Price Performance

NYSEARCA:FIDU opened at $98.05 on Tuesday. The company has a market cap of $2.37 billion, a price-to-earnings ratio of 24.65 and a beta of 1.04. Fidelity MSCI Industrials Index ETF has a 1 year low of $78.27 and a 1 year high of $100.00. The stock’s 50 day simple moving average is $96.49 and its two-hundred day simple moving average is $93.30.

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.