Truist Financial Corp Has $1.57 Million Stake in Fidelity MSCI Industrials Index ETF $FIDU

Truist Financial Corp decreased its position in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 5.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,209 shares of the company’s stock after selling 1,257 shares during the period. Truist Financial Corp owned approximately 0.11% of Fidelity MSCI Industrials Index ETF worth $1,567,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Fifth Third Securities Inc. lifted its holdings in Fidelity MSCI Industrials Index ETF by 2.5% in the second quarter. Fifth Third Securities Inc. now owns 27,519 shares of the company’s stock valued at $2,134,000 after buying an additional 676 shares during the period. Smith Salley Wealth Management lifted its holdings in Fidelity MSCI Industrials Index ETF by 0.5% in the second quarter. Smith Salley Wealth Management now owns 30,934 shares of the company’s stock valued at $2,398,000 after buying an additional 155 shares during the period. Signature Resources Capital Management LLC acquired a new position in Fidelity MSCI Industrials Index ETF in the second quarter valued at $43,000. American National Bank & Trust lifted its holdings in Fidelity MSCI Industrials Index ETF by 3.5% in the second quarter. American National Bank & Trust now owns 11,086 shares of the company’s stock valued at $859,000 after buying an additional 379 shares during the period. Finally, Fischer Financial Services Inc. lifted its holdings in Fidelity MSCI Industrials Index ETF by 0.4% in the second quarter. Fischer Financial Services Inc. now owns 59,351 shares of the company’s stock valued at $4,601,000 after buying an additional 238 shares during the period.

Fidelity MSCI Industrials Index ETF Trading Down 2.2%

FIDU opened at $80.00 on Friday. Fidelity MSCI Industrials Index ETF has a 1-year low of $59.16 and a 1-year high of $83.17. The company has a market cap of $1.43 billion, a P/E ratio of 24.65 and a beta of 1.13. The company has a fifty day moving average price of $80.72 and a two-hundred day moving average price of $75.90.

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.