Cetera Investment Advisers Has $4.49 Million Stake in Fidelity MSCI Industrials Index ETF $FIDU

Cetera Investment Advisers grew its stake in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 11.7% in the first quarter, HoldingsChannel.com reports. The firm owned 51,868 shares of the company’s stock after purchasing an additional 5,445 shares during the period. Cetera Investment Advisers’ holdings in Fidelity MSCI Industrials Index ETF were worth $4,488,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pathway Financial Advisers LLC raised its stake in shares of Fidelity MSCI Industrials Index ETF by 2.8% in the fourth quarter. Pathway Financial Advisers LLC now owns 4,397 shares of the company’s stock worth $363,000 after purchasing an additional 119 shares during the last quarter. Parallel Advisors LLC boosted its position in shares of Fidelity MSCI Industrials Index ETF by 47.3% during the first quarter. Parallel Advisors LLC now owns 383 shares of the company’s stock valued at $33,000 after buying an additional 123 shares during the last quarter. Fortitude Advisory Group L.L.C. boosted its position in shares of Fidelity MSCI Industrials Index ETF by 4.0% during the fourth quarter. Fortitude Advisory Group L.L.C. now owns 3,247 shares of the company’s stock valued at $268,000 after buying an additional 124 shares during the last quarter. Choreo LLC grew its holdings in Fidelity MSCI Industrials Index ETF by 7.0% during the fourth quarter. Choreo LLC now owns 3,214 shares of the company’s stock worth $268,000 after buying an additional 211 shares in the last quarter. Finally, Purkiss Capital Advisors LLC grew its holdings in Fidelity MSCI Industrials Index ETF by 5.4% during the fourth quarter. Purkiss Capital Advisors LLC now owns 4,233 shares of the company’s stock worth $349,000 after buying an additional 217 shares in the last quarter.

Fidelity MSCI Industrials Index ETF Trading Up 2.0%

NYSEARCA FIDU opened at $97.14 on Tuesday. The firm has a market capitalization of $2.36 billion, a P/E ratio of 24.65 and a beta of 1.03. The business has a fifty day simple moving average of $96.08 and a 200 day simple moving average of $92.97. Fidelity MSCI Industrials Index ETF has a 12 month low of $78.27 and a 12 month high of $100.00.

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.