Lynch & Associates IN Sells 774 Shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Lynch & Associates IN lessened its stake in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 3.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 23,775 shares of the company’s stock after selling 774 shares during the quarter. Lynch & Associates IN owned approximately 0.15% of Fidelity MSCI Industrials Index ETF worth $1,672,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. AE Wealth Management LLC increased its holdings in Fidelity MSCI Industrials Index ETF by 14.9% in the second quarter. AE Wealth Management LLC now owns 695,974 shares of the company’s stock valued at $45,496,000 after purchasing an additional 90,105 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Fidelity MSCI Industrials Index ETF by 1.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 624,341 shares of the company’s stock valued at $40,813,000 after purchasing an additional 9,222 shares during the period. AGF Management Ltd. boosted its holdings in Fidelity MSCI Industrials Index ETF by 18.4% in the second quarter. AGF Management Ltd. now owns 174,149 shares of the company’s stock worth $11,384,000 after acquiring an additional 27,030 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in Fidelity MSCI Industrials Index ETF during the 3rd quarter valued at $11,677,000. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Fidelity MSCI Industrials Index ETF by 2.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 75,016 shares of the company’s stock worth $4,904,000 after acquiring an additional 1,561 shares during the last quarter.

Fidelity MSCI Industrials Index ETF Trading Down 1.2 %

Shares of FIDU traded down $0.88 during trading hours on Friday, reaching $70.08. 101,004 shares of the stock traded hands, compared to its average volume of 84,384. Fidelity MSCI Industrials Index ETF has a 52 week low of $58.88 and a 52 week high of $77.59. The company has a market cap of $1.12 billion, a price-to-earnings ratio of 25.35 and a beta of 0.97. The stock has a fifty day simple moving average of $73.75 and a 200 day simple moving average of $70.69.

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.