AE Wealth Management LLC Raises Stock Position in Fidelity MSCI Industrials Index ETF $FIDU

AE Wealth Management LLC increased its stake in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 24.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,307,516 shares of the company’s stock after purchasing an additional 255,717 shares during the quarter. Fidelity MSCI Industrials Index ETF accounts for 0.6% of AE Wealth Management LLC’s portfolio, making the stock its 29th largest position. AE Wealth Management LLC owned about 6.99% of Fidelity MSCI Industrials Index ETF worth $107,844,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC boosted its holdings in Fidelity MSCI Industrials Index ETF by 23.5% in the third quarter. Commonwealth Equity Services LLC now owns 404,939 shares of the company’s stock worth $33,181,000 after purchasing an additional 77,068 shares during the last quarter. Maxele Advisors LLC bought a new position in Fidelity MSCI Industrials Index ETF in the third quarter worth approximately $1,498,000. Independence Financial Advisors LLC raised its position in Fidelity MSCI Industrials Index ETF by 58.1% in the third quarter. Independence Financial Advisors LLC now owns 132,727 shares of the company’s stock worth $10,876,000 after acquiring an additional 48,777 shares during the period. Lido Advisors LLC raised its position in Fidelity MSCI Industrials Index ETF by 1.9% in the third quarter. Lido Advisors LLC now owns 1,736,585 shares of the company’s stock worth $142,296,000 after acquiring an additional 32,118 shares during the period. Finally, Thrivent Financial for Lutherans raised its position in Fidelity MSCI Industrials Index ETF by 16.0% in the third quarter. Thrivent Financial for Lutherans now owns 89,134 shares of the company’s stock worth $7,304,000 after acquiring an additional 12,288 shares during the period.

Fidelity MSCI Industrials Index ETF Trading Down 0.4%

FIDU opened at $91.80 on Friday. Fidelity MSCI Industrials Index ETF has a 1-year low of $63.43 and a 1-year high of $95.82. The company has a market capitalization of $1.98 billion, a PE ratio of 24.65 and a beta of 1.07. The firm’s 50 day simple moving average is $90.94 and its two-hundred day simple moving average is $86.24.

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.