Fidelity MSCI Industrials Index ETF $FIDU Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. reduced its holdings in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 8.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 837,055 shares of the company’s stock after selling 73,419 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Fidelity MSCI Industrials Index ETF were worth $69,040,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of FIDU. JPMorgan Chase & Co. increased its position in Fidelity MSCI Industrials Index ETF by 1,866.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 944 shares of the company’s stock valued at $73,000 after acquiring an additional 896 shares during the period. First Horizon Corp acquired a new stake in Fidelity MSCI Industrials Index ETF during the 4th quarter worth approximately $75,000. US Bancorp DE grew its stake in shares of Fidelity MSCI Industrials Index ETF by 38.4% in the 3rd quarter. US Bancorp DE now owns 1,178 shares of the company’s stock valued at $97,000 after purchasing an additional 327 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new position in shares of Fidelity MSCI Industrials Index ETF in the fourth quarter valued at approximately $119,000. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Fidelity MSCI Industrials Index ETF in the third quarter valued at approximately $134,000.

Fidelity MSCI Industrials Index ETF Stock Performance

Shares of FIDU opened at $94.28 on Friday. The stock has a market capitalization of $2.07 billion, a P/E ratio of 24.65 and a beta of 1.06. Fidelity MSCI Industrials Index ETF has a 1 year low of $73.65 and a 1 year high of $96.19. The company’s fifty day moving average is $91.51 and its two-hundred day moving average is $88.58.

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.