Independence Financial Advisors LLC Increases Holdings in Fidelity MSCI Industrials Index ETF $FIDU

Independence Financial Advisors LLC lifted its stake in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 58.1% during the third quarter, HoldingsChannel.com reports. The firm owned 132,727 shares of the company’s stock after purchasing an additional 48,777 shares during the quarter. Fidelity MSCI Industrials Index ETF makes up 3.3% of Independence Financial Advisors LLC’s portfolio, making the stock its 15th largest position. Independence Financial Advisors LLC’s holdings in Fidelity MSCI Industrials Index ETF were worth $10,876,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Lido Advisors LLC grew its holdings in Fidelity MSCI Industrials Index ETF by 7.9% during the 2nd quarter. Lido Advisors LLC now owns 1,704,467 shares of the company’s stock valued at $132,147,000 after buying an additional 125,189 shares in the last quarter. AE Wealth Management LLC boosted its position in shares of Fidelity MSCI Industrials Index ETF by 1.1% in the second quarter. AE Wealth Management LLC now owns 934,788 shares of the company’s stock valued at $72,474,000 after acquiring an additional 10,432 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in Fidelity MSCI Industrials Index ETF by 17.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 882,815 shares of the company’s stock valued at $68,445,000 after acquiring an additional 128,115 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in Fidelity MSCI Industrials Index ETF by 23.5% during the third quarter. Commonwealth Equity Services LLC now owns 404,939 shares of the company’s stock valued at $33,181,000 after acquiring an additional 77,068 shares in the last quarter. Finally, AGF Management Ltd. increased its holdings in Fidelity MSCI Industrials Index ETF by 1.5% during the 2nd quarter. AGF Management Ltd. now owns 287,911 shares of the company’s stock worth $22,322,000 after acquiring an additional 4,250 shares during the period.

Fidelity MSCI Industrials Index ETF Price Performance

NYSEARCA FIDU opened at $86.98 on Friday. The company’s 50 day simple moving average is $82.48 and its two-hundred day simple moving average is $81.20. Fidelity MSCI Industrials Index ETF has a 1 year low of $59.16 and a 1 year high of $87.09. The stock has a market capitalization of $1.63 billion, a PE ratio of 24.65 and a beta of 1.11.

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.