Connectus Wealth LLC Sells 106,812 Shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Connectus Wealth LLC decreased its holdings in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDUFree Report) by 72.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 40,492 shares of the company’s stock after selling 106,812 shares during the quarter. Connectus Wealth LLC owned 0.30% of Fidelity MSCI Industrials Index ETF worth $2,484,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of FIDU. Princeton Global Asset Management LLC purchased a new position in Fidelity MSCI Industrials Index ETF in the 4th quarter worth about $32,000. American National Bank raised its position in Fidelity MSCI Industrials Index ETF by 376.7% in the 4th quarter. American National Bank now owns 715 shares of the company’s stock worth $44,000 after buying an additional 565 shares during the last quarter. Advisors Preferred LLC purchased a new position in Fidelity MSCI Industrials Index ETF in the 4th quarter worth about $110,000. Ausdal Financial Partners Inc. purchased a new position in Fidelity MSCI Industrials Index ETF in the 4th quarter worth about $202,000. Finally, Atria Wealth Solutions Inc. purchased a new position in Fidelity MSCI Industrials Index ETF in the 4th quarter worth about $221,000.

Fidelity MSCI Industrials Index ETF Stock Performance

Shares of NYSEARCA:FIDU opened at $65.48 on Monday. Fidelity MSCI Industrials Index ETF has a fifty-two week low of $50.98 and a fifty-two week high of $67.98. The business has a 50-day simple moving average of $66.30 and a two-hundred day simple moving average of $63.47. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 25.35 and a beta of 0.97.

Fidelity MSCI Industrials Index ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

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