Smith Salley Wealth Management Increases Holdings in Fidelity MSCI Industrials Index ETF $FIDU

Smith Salley Wealth Management boosted its holdings in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 0.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,934 shares of the company’s stock after purchasing an additional 155 shares during the period. Smith Salley Wealth Management owned about 0.17% of Fidelity MSCI Industrials Index ETF worth $2,398,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of FIDU. AGF Management Ltd. increased its holdings in Fidelity MSCI Industrials Index ETF by 107.4% during the 1st quarter. AGF Management Ltd. now owns 283,661 shares of the company’s stock valued at $19,422,000 after purchasing an additional 146,875 shares during the period. AE Wealth Management LLC increased its holdings in Fidelity MSCI Industrials Index ETF by 10.6% during the 1st quarter. AE Wealth Management LLC now owns 924,356 shares of the company’s stock valued at $63,291,000 after purchasing an additional 88,534 shares during the period. Independence Financial Advisors LLC purchased a new position in Fidelity MSCI Industrials Index ETF during the 1st quarter valued at about $6,041,000. Goldman Sachs Group Inc. purchased a new position in Fidelity MSCI Industrials Index ETF during the 1st quarter valued at about $5,221,000. Finally, HighTower Advisors LLC increased its holdings in Fidelity MSCI Industrials Index ETF by 295.4% during the 1st quarter. HighTower Advisors LLC now owns 78,863 shares of the company’s stock valued at $5,400,000 after purchasing an additional 58,917 shares during the period.

Fidelity MSCI Industrials Index ETF Stock Performance

Fidelity MSCI Industrials Index ETF stock opened at $81.02 on Monday. The stock’s 50 day simple moving average is $80.43 and its two-hundred day simple moving average is $75.09. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of 24.65 and a beta of 1.13. Fidelity MSCI Industrials Index ETF has a fifty-two week low of $59.16 and a fifty-two week high of $82.14.

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.