Bellwether Advisors LLC Acquires Shares of 192,749 Fidelity MSCI Industrials Index ETF $FIDU

Bellwether Advisors LLC acquired a new stake in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 192,749 shares of the company’s stock, valued at approximately $15,898,000. Fidelity MSCI Industrials Index ETF accounts for about 2.5% of Bellwether Advisors LLC’s investment portfolio, making the stock its 9th largest holding.

A number of other institutional investors have also recently modified their holdings of the stock. AE Wealth Management LLC increased its position in shares of Fidelity MSCI Industrials Index ETF by 12.5% in the third quarter. AE Wealth Management LLC now owns 1,051,799 shares of the company’s stock worth $86,184,000 after purchasing an additional 117,011 shares during the period. Lido Advisors LLC increased its position in shares of Fidelity MSCI Industrials Index ETF by 1.9% in the third quarter. Lido Advisors LLC now owns 1,736,585 shares of the company’s stock worth $142,296,000 after purchasing an additional 32,118 shares during the period. Maxele Advisors LLC bought a new position in shares of Fidelity MSCI Industrials Index ETF in the third quarter worth $1,498,000. Bayshore Capital Advisors LLC bought a new position in shares of Fidelity MSCI Industrials Index ETF in the fourth quarter worth $729,000. Finally, Mach 1 Financial Group LLC bought a new position in shares of Fidelity MSCI Industrials Index ETF in the fourth quarter worth $2,224,000.

Fidelity MSCI Industrials Index ETF Stock Performance

Shares of NYSEARCA FIDU opened at $94.74 on Wednesday. Fidelity MSCI Industrials Index ETF has a 52 week low of $73.65 and a 52 week high of $96.19. The stock has a market capitalization of $2.08 billion, a P/E ratio of 24.65 and a beta of 1.06. The stock’s fifty day moving average is $91.15 and its 200 day moving average is $88.35.

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.