Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) Shares Acquired by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. increased its position in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 8.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 6,368 shares of the company’s stock after purchasing an additional 498 shares during the quarter. Schmidt P J Investment Management Inc.’s holdings in Fidelity MSCI Industrials Index ETF were worth $448,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Cetera Investment Advisers raised its position in Fidelity MSCI Industrials Index ETF by 16.7% in the second quarter. Cetera Investment Advisers now owns 15,807 shares of the company’s stock valued at $1,033,000 after purchasing an additional 2,263 shares during the period. Brookstone Capital Management raised its holdings in Fidelity MSCI Industrials Index ETF by 8.7% in the 3rd quarter. Brookstone Capital Management now owns 4,404 shares of the company’s stock valued at $318,000 after buying an additional 352 shares during the period. Selective Wealth Management Inc. acquired a new position in Fidelity MSCI Industrials Index ETF in the third quarter valued at about $207,000. Beaumont Financial Advisors LLC boosted its stake in Fidelity MSCI Industrials Index ETF by 9.8% during the third quarter. Beaumont Financial Advisors LLC now owns 20,272 shares of the company’s stock worth $1,463,000 after buying an additional 1,816 shares during the period. Finally, Lynch & Associates IN increased its position in shares of Fidelity MSCI Industrials Index ETF by 5.0% during the third quarter. Lynch & Associates IN now owns 24,549 shares of the company’s stock valued at $1,772,000 after acquiring an additional 1,175 shares during the last quarter.

Fidelity MSCI Industrials Index ETF Stock Performance

Shares of FIDU stock opened at $73.07 on Thursday. The firm has a market cap of $1.17 billion, a P/E ratio of 25.35 and a beta of 0.97. The firm’s 50 day moving average price is $73.11 and its 200-day moving average price is $71.69. Fidelity MSCI Industrials Index ETF has a one year low of $61.50 and a one year high of $77.59.

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.