Principal Securities Inc. Raises Stock Holdings in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Principal Securities Inc. grew its stake in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 5,792.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,650 shares of the company’s stock after acquiring an additional 1,622 shares during the quarter. Principal Securities Inc.’s holdings in Fidelity MSCI Industrials Index ETF were worth $116,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its holdings in Fidelity MSCI Industrials Index ETF by 7,114.7% in the third quarter. International Assets Investment Management LLC now owns 53,533 shares of the company’s stock worth $38,630,000 after purchasing an additional 52,791 shares during the last quarter. Arkadios Wealth Advisors bought a new position in shares of Fidelity MSCI Industrials Index ETF during the 3rd quarter valued at $207,000. J.W. Cole Advisors Inc. lifted its holdings in shares of Fidelity MSCI Industrials Index ETF by 16.4% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 4,803 shares of the company’s stock valued at $347,000 after buying an additional 675 shares during the period. Traynor Capital Management Inc. boosted its stake in shares of Fidelity MSCI Industrials Index ETF by 4.5% in the 3rd quarter. Traynor Capital Management Inc. now owns 65,018 shares of the company’s stock worth $4,692,000 after buying an additional 2,792 shares during the last quarter. Finally, Trail Ridge Investment Advisors LLC grew its holdings in shares of Fidelity MSCI Industrials Index ETF by 2.5% in the third quarter. Trail Ridge Investment Advisors LLC now owns 23,157 shares of the company’s stock worth $1,681,000 after acquiring an additional 556 shares during the period.

Fidelity MSCI Industrials Index ETF Stock Performance

Fidelity MSCI Industrials Index ETF stock opened at $71.04 on Wednesday. The stock has a market cap of $1.14 billion, a PE ratio of 25.35 and a beta of 0.97. The stock has a fifty day moving average of $72.35 and a 200 day moving average of $72.26. Fidelity MSCI Industrials Index ETF has a one year low of $63.69 and a one year high of $77.59.

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.