Brookstone Capital Management Sells 274 Shares of Fidelity MSCI Industrials Index ETF $FIDU

Brookstone Capital Management cut its position in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 7.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,467 shares of the company’s stock after selling 274 shares during the period. Brookstone Capital Management’s holdings in Fidelity MSCI Industrials Index ETF were worth $269,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CW Advisors LLC boosted its stake in Fidelity MSCI Industrials Index ETF by 1.5% during the first quarter. CW Advisors LLC now owns 10,219 shares of the company’s stock valued at $700,000 after buying an additional 149 shares during the last quarter. Smith Salley Wealth Management boosted its stake in Fidelity MSCI Industrials Index ETF by 0.5% during 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 last quarter. Heck Capital Advisors LLC boosted its stake in Fidelity MSCI Industrials Index ETF by 1.9% during the second quarter. Heck Capital Advisors LLC now owns 12,109 shares of the company’s stock valued at $939,000 after buying an additional 227 shares during the last quarter. Essex Financial Services Inc. lifted its stake in shares of Fidelity MSCI Industrials Index ETF by 2.0% in the 1st quarter. Essex Financial Services Inc. now owns 11,830 shares of the company’s stock valued at $810,000 after purchasing an additional 233 shares during the last quarter. Finally, Fischer Financial Services Inc. lifted its stake in shares of Fidelity MSCI Industrials Index ETF by 0.4% in the 2nd quarter. Fischer Financial Services Inc. now owns 59,351 shares of the company’s stock valued at $4,601,000 after purchasing an additional 238 shares during the last quarter.

Fidelity MSCI Industrials Index ETF Price Performance

NYSEARCA:FIDU opened at $82.90 on Wednesday. The firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of 24.65 and a beta of 1.11. Fidelity MSCI Industrials Index ETF has a 1 year low of $59.16 and a 1 year high of $83.81. The business has a 50 day simple moving average of $81.23 and a 200-day simple moving average of $77.35.

About Fidelity MSCI Industrials Index ETF

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.