Advisory Services Network LLC Sells 442 Shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Advisory Services Network LLC reduced its position in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 0.6% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 75,568 shares of the company’s stock after selling 442 shares during the quarter. Advisory Services Network LLC owned 0.48% of Fidelity MSCI Industrials Index ETF worth $5,124,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Smith Salley Wealth Management increased its stake in Fidelity MSCI Industrials Index ETF by 19.0% during the 1st quarter. Smith Salley Wealth Management now owns 30,767 shares of the company’s stock valued at $2,086,000 after purchasing an additional 4,902 shares in the last quarter. Valley Brook Capital Group Inc. grew its stake in shares of Fidelity MSCI Industrials Index ETF by 5.1% in the first quarter. Valley Brook Capital Group Inc. now owns 4,961 shares of the company’s stock worth $336,000 after acquiring an additional 240 shares during the period. Commonwealth Equity Services LLC grew its stake in shares of Fidelity MSCI Industrials Index ETF by 1.3% in the first quarter. Commonwealth Equity Services LLC now owns 256,828 shares of the company’s stock worth $17,416,000 after acquiring an additional 3,259 shares during the period. Armor Investment Advisors LLC grew its stake in shares of Fidelity MSCI Industrials Index ETF by 5.4% in the first quarter. Armor Investment Advisors LLC now owns 22,894 shares of the company’s stock worth $1,552,000 after acquiring an additional 1,167 shares during the period. Finally, Essex Financial Services Inc. grew its stake in shares of Fidelity MSCI Industrials Index ETF by 48.6% in the first quarter. Essex Financial Services Inc. now owns 11,233 shares of the company’s stock worth $762,000 after acquiring an additional 3,674 shares during the period.

Fidelity MSCI Industrials Index ETF Stock Performance

Shares of FIDU stock traded up $0.79 during trading hours on Friday, reaching $67.07. The company had a trading volume of 16,314 shares, compared to its average volume of 79,418. The business has a fifty day moving average price of $66.04 and a 200-day moving average price of $64.55. Fidelity MSCI Industrials Index ETF has a one year low of $50.98 and a one year high of $67.98. The firm has a market cap of $1.08 billion, a PE ratio of 25.35 and a beta of 0.97.

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.