Smith Shellnut Wilson LLC ADV Makes New Investment in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Smith Shellnut Wilson LLC ADV acquired a new position in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 17,973 shares of the company’s stock, valued at approximately $1,264,000.

Other institutional investors also recently made changes to their positions in the company. CIBC Private Wealth Group LLC increased its stake in Fidelity MSCI Industrials Index ETF by 1,075.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 470 shares of the company’s stock valued at $33,000 after acquiring an additional 430 shares during the last quarter. Briaud Financial Planning Inc acquired a new position in shares of Fidelity MSCI Industrials Index ETF during the fourth quarter worth $35,000. Global Retirement Partners LLC lifted its holdings in shares of Fidelity MSCI Industrials Index ETF by 51,933.3% during the fourth quarter. Global Retirement Partners LLC now owns 1,561 shares of the company’s stock worth $110,000 after purchasing an additional 1,558 shares during the period. Principal Securities Inc. raised its stake in Fidelity MSCI Industrials Index ETF by 5,792.9% during the fourth quarter. Principal Securities Inc. now owns 1,650 shares of the company’s stock worth $116,000 after buying an additional 1,622 shares during the last quarter. Finally, Hurley Capital LLC bought a new position in Fidelity MSCI Industrials Index ETF during the fourth quarter worth $154,000.

Fidelity MSCI Industrials Index ETF Stock Down 0.3%

Shares of NYSEARCA FIDU opened at $73.66 on Tuesday. Fidelity MSCI Industrials Index ETF has a twelve month low of $59.16 and a twelve month high of $77.59. The company has a market capitalization of $1.32 billion, a PE ratio of 24.78 and a beta of 1.10. The firm has a fifty day simple moving average of $68.93 and a 200 day simple moving average of $71.44.

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.