Envestnet Asset Management Inc. Has $3.22 Million Holdings in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Envestnet Asset Management Inc. decreased its position in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 39.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,835 shares of the company’s stock after selling 29,686 shares during the period. Envestnet Asset Management Inc. owned 0.29% of Fidelity MSCI Industrials Index ETF worth $3,223,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of FIDU. Commonwealth Equity Services LLC increased its stake in shares of Fidelity MSCI Industrials Index ETF by 5.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 272,813 shares of the company’s stock worth $19,181,000 after purchasing an additional 14,635 shares during the period. Sanctuary Advisors LLC increased its position in Fidelity MSCI Industrials Index ETF by 1.8% in the 4th quarter. Sanctuary Advisors LLC now owns 155,233 shares of the company’s stock worth $11,484,000 after buying an additional 2,691 shares during the period. LPL Financial LLC lifted its holdings in shares of Fidelity MSCI Industrials Index ETF by 57.0% during the fourth quarter. LPL Financial LLC now owns 148,168 shares of the company’s stock worth $10,418,000 after buying an additional 53,813 shares during the last quarter. Thrivent Financial for Lutherans boosted its position in shares of Fidelity MSCI Industrials Index ETF by 318.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 134,621 shares of the company’s stock valued at $9,641,000 after acquiring an additional 102,458 shares during the period. Finally, Yoder Wealth Management Inc. boosted its position in shares of Fidelity MSCI Industrials Index ETF by 9.8% in the fourth quarter. Yoder Wealth Management Inc. now owns 63,241 shares of the company’s stock valued at $4,446,000 after acquiring an additional 5,660 shares during the period.

Fidelity MSCI Industrials Index ETF Trading Up 2.4 %

Shares of FIDU stock opened at $67.77 on Friday. The firm has a market capitalization of $1.24 billion, a P/E ratio of 22.78 and a beta of 1.07. Fidelity MSCI Industrials Index ETF has a 1 year low of $59.16 and a 1 year high of $77.59. The firm’s fifty day simple moving average is $68.19 and its 200 day simple moving average is $71.65.

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.