Bayshore Capital Advisors LLC Makes New Investment in Fidelity MSCI Industrials Index ETF $FIDU

Bayshore Capital Advisors LLC bought a new position in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 8,467 shares of the company’s stock, valued at approximately $750,000. Fidelity MSCI Industrials Index ETF comprises approximately 0.4% of Bayshore Capital Advisors LLC’s investment portfolio, making the stock its 26th biggest position.

Other institutional investors have also modified their holdings of the company. Monte Financial Group LLC grew its position in shares of Fidelity MSCI Industrials Index ETF by 4.6% during the 3rd quarter. Monte Financial Group LLC now owns 4,842 shares of the company’s stock valued at $429,000 after buying an additional 212 shares during the last quarter. Kestra Advisory Services LLC raised its stake in shares of Fidelity MSCI Industrials Index ETF by 8.5% during the third quarter. Kestra Advisory Services LLC now owns 135,327 shares of the company’s stock worth $11,987,000 after buying an additional 10,606 shares during the last quarter. Commonwealth Equity Services LLC acquired a new position in shares of Fidelity MSCI Industrials Index ETF during the third quarter worth about $29,316,000. Schmidt P J Investment Management Inc. bought a new position in Fidelity MSCI Industrials Index ETF during the third quarter worth $506,000. Finally, Pathway Financial Advisers LLC boosted its stake in shares of Fidelity MSCI Industrials Index ETF by 18.1% in the third quarter. Pathway Financial Advisers LLC now owns 5,862 shares of the company’s stock valued at $519,000 after buying an additional 899 shares during the period.

Fidelity MSCI Industrials Index ETF Price Performance

Shares of Fidelity MSCI Industrials Index ETF stock opened at $86.21 on Friday. The business has a 50-day simple moving average of $89.84 and a 200 day simple moving average of $92.66. Fidelity MSCI Industrials Index ETF has a one year low of $78.27 and a one year high of $100.00. The firm has a market capitalization of $2.21 billion, a price-to-earnings ratio of 24.65 and a beta of 1.03.

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.