Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) Position Lessened by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. decreased its position in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 2.4% in the first quarter, Holdings Channel.com reports. The firm owned 19,033 shares of the company’s stock after selling 474 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Fidelity MSCI Industrials Index ETF were worth $1,303,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Versant Capital Management Inc bought a new stake in Fidelity MSCI Industrials Index ETF in the first quarter worth approximately $30,000. CIBC Private Wealth Group LLC lifted its stake in shares of Fidelity MSCI Industrials Index ETF by 1,075.0% in the 4th quarter. CIBC Private Wealth Group LLC now owns 470 shares of the company’s stock valued at $33,000 after purchasing an additional 430 shares during the last quarter. Briaud Financial Planning Inc bought a new stake in Fidelity MSCI Industrials Index ETF in the fourth quarter worth $35,000. CX Institutional acquired a new position in Fidelity MSCI Industrials Index ETF during the first quarter worth $45,000. Finally, Hurley Capital LLC acquired a new position in Fidelity MSCI Industrials Index ETF during the fourth quarter worth $154,000.

Fidelity MSCI Industrials Index ETF Price Performance

NYSEARCA FIDU opened at $78.76 on Friday. Fidelity MSCI Industrials Index ETF has a fifty-two week low of $59.16 and a fifty-two week high of $78.92. The stock’s 50-day moving average is $74.35 and its two-hundred day moving average is $71.57. The firm has a market cap of $1.43 billion, a P/E ratio of 24.65 and a beta of 1.13.

About Fidelity MSCI Industrials Index ETF

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.