Arete Wealth Advisors LLC Acquires Shares of 5,564 Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Arete Wealth Advisors LLC bought a new position in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) in the fourth quarter, Holdings Channel reports. The firm bought 5,564 shares of the company’s stock, valued at approximately $391,000.

Other institutional investors have also recently made changes to their positions in the company. Decker Retirement Planning Inc. bought a new stake in Fidelity MSCI Industrials Index ETF in the 4th quarter valued at about $31,000. CIBC Private Wealth Group LLC increased its stake in shares of Fidelity MSCI Industrials Index ETF by 1,075.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 470 shares of the company’s stock worth $33,000 after purchasing an additional 430 shares in the last quarter. Briaud Financial Planning Inc bought a new stake in shares of Fidelity MSCI Industrials Index ETF in the fourth quarter valued at approximately $35,000. Global Retirement Partners LLC lifted its stake in shares of Fidelity MSCI Industrials Index ETF by 51,933.3% during the 4th quarter. Global Retirement Partners LLC now owns 1,561 shares of the company’s stock valued at $110,000 after buying an additional 1,558 shares in the last quarter. Finally, Principal Securities Inc. boosted its holdings in Fidelity MSCI Industrials Index ETF by 5,792.9% in the 4th quarter. Principal Securities Inc. now owns 1,650 shares of the company’s stock worth $116,000 after buying an additional 1,622 shares during the period.

Fidelity MSCI Industrials Index ETF Trading Down 6.0 %

Fidelity MSCI Industrials Index ETF stock opened at $61.96 on Friday. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of 24.50 and a beta of 1.14. The firm has a 50 day simple moving average of $70.84 and a 200 day simple moving average of $72.39. Fidelity MSCI Industrials Index ETF has a 1-year low of $61.79 and a 1-year high of $77.59.

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.