Arete Wealth Advisors LLC Makes New Investment in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Arete Wealth Advisors LLC bought a new stake in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,564 shares of the company’s stock, valued at approximately $391,000.

A number of other large investors also recently made changes to their positions in the company. FMR LLC increased its stake in Fidelity MSCI Industrials Index ETF by 8.0% in the 3rd quarter. FMR LLC now owns 53,190 shares of the company’s stock valued at $3,839,000 after buying an additional 3,933 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Fidelity MSCI Industrials Index ETF during the third quarter valued at approximately $211,000. Jane Street Group LLC bought a new stake in Fidelity MSCI Industrials Index ETF during the third quarter worth $1,629,000. Orion Portfolio Solutions LLC boosted its position 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 worth $287,000 after purchasing an additional 441 shares during the last quarter. Finally, MML Investors Services LLC boosted its position in Fidelity MSCI Industrials Index ETF by 6.2% in the third quarter. MML Investors Services LLC now owns 11,101 shares of the company’s stock worth $801,000 after purchasing an additional 652 shares during the last quarter.

Fidelity MSCI Industrials Index ETF Price Performance

Shares of Fidelity MSCI Industrials Index ETF stock opened at $61.96 on Friday. The firm has a market cap of $1.11 billion, a PE ratio of 24.50 and a beta of 1.14. Fidelity MSCI Industrials Index ETF has a 1 year low of $61.79 and a 1 year high of $77.59. The stock has a fifty day moving average price of $70.84 and a 200-day moving average price of $72.39.

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.