Yoder Wealth Management Inc. Cuts Stock Position in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Yoder Wealth Management Inc. lessened its holdings in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 3.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 58,502 shares of the company’s stock after selling 1,991 shares during the period. Fidelity MSCI Industrials Index ETF comprises approximately 2.5% of Yoder Wealth Management Inc.’s holdings, making the stock its 11th biggest holding. Yoder Wealth Management Inc. owned about 0.43% of Fidelity MSCI Industrials Index ETF worth $3,582,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Princeton Global Asset Management LLC purchased a new position in shares of Fidelity MSCI Industrials Index ETF in the 4th quarter valued at $32,000. CWM LLC grew its holdings in Fidelity MSCI Industrials Index ETF by 227.2% during the 3rd quarter. CWM LLC now owns 553 shares of the company’s stock valued at $30,000 after purchasing an additional 384 shares in the last quarter. Simplex Trading LLC acquired a new stake in Fidelity MSCI Industrials Index ETF during the 3rd quarter valued at $36,000. SYM FINANCIAL Corp acquired a new stake in Fidelity MSCI Industrials Index ETF during the 3rd quarter valued at $68,000. Finally, Advisors Preferred LLC acquired a new stake in Fidelity MSCI Industrials Index ETF during the 4th quarter valued at $110,000.

Fidelity MSCI Industrials Index ETF Price Performance

FIDU traded up $0.16 during trading hours on Friday, reaching $65.71. 43,390 shares of the stock traded hands, compared to its average volume of 65,296. The firm’s fifty day simple moving average is $65.77 and its two-hundred day simple moving average is $60.75. The company has a market cap of $1.03 billion, a price-to-earnings ratio of 24.55 and a beta of 0.98. Fidelity MSCI Industrials Index ETF has a fifty-two week low of $50.87 and a fifty-two week high of $67.98.

Fidelity MSCI Industrials Index ETF Company 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.