LPL Financial LLC Increases Position in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

LPL Financial LLC lifted its position in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 57.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 148,168 shares of the company’s stock after purchasing an additional 53,813 shares during the period. LPL Financial LLC’s holdings in Fidelity MSCI Industrials Index ETF were worth $10,418,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. FMR LLC lifted its holdings in Fidelity MSCI Industrials Index ETF by 8.0% during the 3rd quarter. FMR LLC now owns 53,190 shares of the company’s stock worth $3,839,000 after buying an additional 3,933 shares during the last quarter. Townsquare Capital LLC raised its position in shares of Fidelity MSCI Industrials Index ETF by 17.3% during the 3rd quarter. Townsquare Capital LLC now owns 7,059 shares of the company’s stock worth $509,000 after acquiring an additional 1,040 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in Fidelity MSCI Industrials Index ETF during the third quarter worth approximately $211,000. Jane Street Group LLC acquired a new position in Fidelity MSCI Industrials Index ETF in the third quarter valued at approximately $1,629,000. Finally, Orion Portfolio Solutions LLC increased its stake in Fidelity MSCI Industrials Index ETF by 12.5% in the third quarter. Orion Portfolio Solutions LLC now owns 3,972 shares of the company’s stock valued at $287,000 after purchasing an additional 441 shares during the last quarter.

Fidelity MSCI Industrials Index ETF Trading Down 5.5 %

FIDU stock opened at $65.90 on Friday. The stock has a market cap of $1.18 billion, a P/E ratio of 24.50 and a beta of 1.14. Fidelity MSCI Industrials Index ETF has a twelve month low of $63.70 and a twelve month high of $77.59. The company’s 50 day moving average is $71.10 and its two-hundred day moving average is $72.44.

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.