Royal Bank of Canada Purchases 25,997 Shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Royal Bank of Canada grew its position in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU – Get Rating) by 21.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 148,596 shares of the company’s stock after purchasing an additional 25,997 shares during the period. Royal Bank of Canada owned about 1.11% of Fidelity MSCI Industrials Index ETF worth $6,491,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. AE Wealth Management LLC bought a new stake in shares of Fidelity MSCI Industrials Index ETF in the 3rd quarter valued at about $10,377,000. Bank of America Corp DE lifted its stake in shares of Fidelity MSCI Industrials Index ETF by 368.5% in the 1st quarter. Bank of America Corp DE now owns 270,957 shares of the company’s stock valued at $14,580,000 after acquiring an additional 213,127 shares during the last quarter. Jane Street Group LLC increased its holdings in Fidelity MSCI Industrials Index ETF by 195.4% during the 2nd quarter. Jane Street Group LLC now owns 135,852 shares of the company’s stock valued at $6,141,000 after purchasing an additional 89,857 shares during the period. Brinker Capital Investments LLC purchased a new position in Fidelity MSCI Industrials Index ETF during the 3rd quarter valued at about $2,330,000. Finally, Lido Advisors LLC increased its holdings in Fidelity MSCI Industrials Index ETF by 4.1% during the 1st quarter. Lido Advisors LLC now owns 1,073,413 shares of the company’s stock valued at $57,760,000 after purchasing an additional 42,327 shares during the period.

Fidelity MSCI Industrials Index ETF Price Performance

Shares of NYSEARCA:FIDU opened at $51.82 on Monday. Fidelity MSCI Industrials Index ETF has a 1 year low of $43.51 and a 1 year high of $55.00. The company has a market cap of $722.89 million, a PE ratio of 18.62 and a beta of 1.15. The stock’s 50-day moving average is $53.04 and its 200 day moving average is $50.45.

Fidelity MSCI Industrials Index ETF Company Profile

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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.