AE Wealth Management LLC Purchases 90,105 Shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

AE Wealth Management LLC raised its position in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 14.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 695,974 shares of the company’s stock after acquiring an additional 90,105 shares during the period. AE Wealth Management LLC owned approximately 4.34% of Fidelity MSCI Industrials Index ETF worth $45,496,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Commonwealth Equity Services LLC boosted its holdings in shares of Fidelity MSCI Industrials Index ETF by 17.5% during the second quarter. Commonwealth Equity Services LLC now owns 301,655 shares of the company’s stock worth $19,719,000 after acquiring an additional 44,827 shares during the period. Vicus Capital bought a new stake in shares of Fidelity MSCI Industrials Index ETF during the second quarter worth approximately $14,392,000. AGF Management Ltd. boosted its holdings in shares of Fidelity MSCI Industrials Index ETF by 18.4% during the second quarter. AGF Management Ltd. now owns 174,149 shares of the company’s stock worth $11,384,000 after acquiring an additional 27,030 shares during the period. Stifel Financial Corp boosted its holdings in shares of Fidelity MSCI Industrials Index ETF by 0.3% during the fourth quarter. Stifel Financial Corp now owns 95,781 shares of the company’s stock worth $5,865,000 after acquiring an additional 327 shares during the period. Finally, Advisory Services Network LLC boosted its holdings in shares of Fidelity MSCI Industrials Index ETF by 8.9% during the fourth quarter. Advisory Services Network LLC now owns 76,010 shares of the company’s stock worth $4,654,000 after acquiring an additional 6,200 shares during the period.

Fidelity MSCI Industrials Index ETF Stock Up 2.1 %

Shares of NYSEARCA:FIDU opened at $71.71 on Friday. Fidelity MSCI Industrials Index ETF has a 12-month low of $50.98 and a 12-month high of $71.73. The business has a 50 day moving average of $68.08 and a 200-day moving average of $66.76. The stock has a market cap of $1.15 billion, a PE ratio of 25.35 and a beta of 0.97.

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.