Elevated Capital Advisors LLC Invests $894,000 in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Elevated Capital Advisors LLC acquired a new position in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,386 shares of the company’s stock, valued at approximately $894,000. Elevated Capital Advisors LLC owned about 0.08% of Fidelity MSCI Industrials Index ETF as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. B.O.S.S. Retirement Advisors LLC grew its holdings in Fidelity MSCI Industrials Index ETF by 18.1% during the 3rd quarter. B.O.S.S. Retirement Advisors LLC now owns 13,306 shares of the company’s stock worth $960,000 after acquiring an additional 2,041 shares during the last quarter. Lynch & Associates IN grew its holdings in Fidelity MSCI Industrials Index ETF by 5.0% during the 3rd quarter. Lynch & Associates IN now owns 24,549 shares of the company’s stock worth $1,772,000 after acquiring an additional 1,175 shares during the last quarter. Beaumont Financial Advisors LLC lifted its position in Fidelity MSCI Industrials Index ETF by 9.8% during the 3rd quarter. Beaumont Financial Advisors LLC now owns 20,272 shares of the company’s stock valued at $1,463,000 after purchasing an additional 1,816 shares during the period. Selective Wealth Management Inc. acquired a new position in Fidelity MSCI Industrials Index ETF during the 3rd quarter valued at about $207,000. Finally, Brookstone Capital Management lifted its position in Fidelity MSCI Industrials Index ETF by 8.7% during the 3rd quarter. Brookstone Capital Management now owns 4,404 shares of the company’s stock valued at $318,000 after purchasing an additional 352 shares during the period.

Fidelity MSCI Industrials Index ETF Trading Down 1.1 %

Fidelity MSCI Industrials Index ETF stock opened at $72.94 on Wednesday. Fidelity MSCI Industrials Index ETF has a 1 year low of $50.98 and a 1 year high of $74.30. The company has a market cap of $1.17 billion, a PE ratio of 25.35 and a beta of 0.97. The company’s 50-day moving average is $70.58 and its two-hundred day moving average is $67.77.

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.