45,418 Shares in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC acquired a new position in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 45,418 shares of the company’s stock, valued at approximately $2,781,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Princeton Global Asset Management LLC bought a new position in Fidelity MSCI Industrials Index ETF in the 4th quarter worth approximately $32,000. CWM LLC boosted its stake in Fidelity MSCI Industrials Index ETF by 227.2% during the 3rd quarter. CWM LLC now owns 553 shares of the company’s stock valued at $30,000 after purchasing an additional 384 shares in the last quarter. Simplex Trading LLC bought a new position in Fidelity MSCI Industrials Index ETF during the 3rd quarter valued at $36,000. Money Concepts Capital Corp bought a new position in Fidelity MSCI Industrials Index ETF during the 4th quarter valued at $37,000. Finally, Almanack Investment Partners LLC. bought a new position in Fidelity MSCI Industrials Index ETF during the 3rd quarter valued at $32,000.

Fidelity MSCI Industrials Index ETF Stock Performance

Shares of NYSEARCA FIDU opened at $64.46 on Friday. The stock has a fifty day moving average price of $65.50 and a two-hundred day moving average price of $60.26. The firm has a market cap of $876.66 million, a P/E ratio of 21.99 and a beta of 1.13. Fidelity MSCI Industrials Index ETF has a 1 year low of $50.70 and a 1 year high of $67.98.

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.