Buska Wealth Management LLC Reduces Holdings in Fidelity MSCI Industrials Index ETF $FIDU

Buska Wealth Management LLC reduced its position in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 30.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,049 shares of the company’s stock after selling 12,601 shares during the period. Fidelity MSCI Industrials Index ETF comprises 1.0% of Buska Wealth Management LLC’s portfolio, making the stock its 21st largest position. Buska Wealth Management LLC’s holdings in Fidelity MSCI Industrials Index ETF were worth $2,894,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in FIDU. Focus Financial Network Inc. grew its holdings in Fidelity MSCI Industrials Index ETF by 9.4% during the 2nd quarter. Focus Financial Network Inc. now owns 7,067 shares of the company’s stock valued at $704,000 after purchasing an additional 610 shares in the last quarter. Roxbury Financial LLC lifted its holdings in Fidelity MSCI Industrials Index ETF by 1.2% in the 2nd quarter. Roxbury Financial LLC now owns 14,605 shares of the company’s stock worth $1,455,000 after buying an additional 178 shares in the last quarter. Parallel Advisors LLC lifted its holdings in Fidelity MSCI Industrials Index ETF by 47.3% in the 1st quarter. Parallel Advisors LLC now owns 383 shares of the company’s stock worth $33,000 after buying an additional 123 shares in the last quarter. Bank of America Corp DE boosted its position in Fidelity MSCI Industrials Index ETF by 13.6% in the 1st quarter. Bank of America Corp DE now owns 142,307 shares of the company’s stock valued at $12,312,000 after buying an additional 16,992 shares during the last quarter. Finally, Centaurus Financial Inc. boosted its position in Fidelity MSCI Industrials Index ETF by 9.5% in the 1st quarter. Centaurus Financial Inc. now owns 8,095 shares of the company’s stock valued at $700,000 after buying an additional 704 shares during the last quarter.

Fidelity MSCI Industrials Index ETF Price Performance

Shares of Fidelity MSCI Industrials Index ETF stock opened at $98.67 on Wednesday. The business has a 50-day moving average of $96.57 and a 200-day moving average of $93.37. The company has a market capitalization of $2.39 billion, a PE ratio of 24.65 and a beta of 1.04. Fidelity MSCI Industrials Index ETF has a 1-year low of $78.27 and a 1-year high of $100.00.

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.