Goldman Sachs Group Inc. Makes New $5.22 Million Investment in Fidelity MSCI Industrials Index ETF $FIDU

Goldman Sachs Group Inc. purchased a new position in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 76,258 shares of the company’s stock, valued at approximately $5,221,000. Goldman Sachs Group Inc. owned approximately 0.42% of Fidelity MSCI Industrials Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Versant Capital Management Inc bought a new position in Fidelity MSCI Industrials Index ETF in the first quarter worth approximately $30,000. CX Institutional bought a new position in Fidelity MSCI Industrials Index ETF in the first quarter worth approximately $45,000. Elite Financial Inc. bought a new position in Fidelity MSCI Industrials Index ETF in the first quarter worth approximately $54,000. Founders Financial Alliance LLC boosted its holdings in Fidelity MSCI Industrials Index ETF by 1,472.3% in the first quarter. Founders Financial Alliance LLC now owns 1,588 shares of the company’s stock worth $109,000 after acquiring an additional 1,487 shares in the last quarter. Finally, Monte Financial Group LLC bought a new position in Fidelity MSCI Industrials Index ETF in the first quarter worth approximately $230,000.

Fidelity MSCI Industrials Index ETF Stock Performance

Shares of NYSEARCA:FIDU opened at $80.68 on Wednesday. The business’s 50 day simple moving average is $80.17 and its two-hundred day simple moving average is $74.40. The firm has a market cap of $1.49 billion, a P/E ratio of 24.65 and a beta of 1.13. Fidelity MSCI Industrials Index ETF has a 52-week low of $59.16 and a 52-week high of $81.93.

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.