Grant GrossMendelsohn LLC Makes New $3.26 Million Investment in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Grant GrossMendelsohn LLC bought a new stake in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDUFree Report) during the 4th quarter, Holdings Channel reports. The fund bought 46,306 shares of the company’s stock, valued at approximately $3,256,000. Fidelity MSCI Industrials Index ETF makes up 1.7% of Grant GrossMendelsohn LLC’s portfolio, making the stock its 13th biggest holding.

Several other institutional investors have also added to or reduced their stakes in the stock. Decker Retirement Planning Inc. bought a new stake in shares of Fidelity MSCI Industrials Index ETF during the fourth quarter valued at approximately $31,000. American National Bank & Trust raised its position in shares of Fidelity MSCI Industrials Index ETF by 37.1% in the 3rd quarter. American National Bank & Trust now owns 2,212 shares of the company’s stock worth $160,000 after purchasing an additional 598 shares during the last quarter. Selective Wealth Management Inc. bought a new position in Fidelity MSCI Industrials Index ETF in the 3rd quarter worth about $207,000. Arkadios Wealth Advisors purchased a new stake in Fidelity MSCI Industrials Index ETF during the 3rd quarter valued at about $207,000. Finally, Integrated Wealth Concepts LLC bought a new stake in Fidelity MSCI Industrials Index ETF during the 3rd quarter valued at about $211,000.

Fidelity MSCI Industrials Index ETF Stock Performance

Shares of Fidelity MSCI Industrials Index ETF stock opened at $73.60 on Friday. The company has a 50-day simple moving average of $73.52 and a two-hundred day simple moving average of $70.97. Fidelity MSCI Industrials Index ETF has a 52-week low of $59.15 and a 52-week high of $77.59. The stock has a market capitalization of $1.18 billion, a PE ratio of 25.35 and a beta of 0.97.

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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