Atlas Capital Advisors Inc. Makes New Investment in Fidelity MSCI Industrials Index ETF $FIDU

Atlas Capital Advisors Inc. purchased a new position in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 36,128 shares of the company’s stock, valued at approximately $2,980,000.

Several other hedge funds have also bought and sold shares of FIDU. JPMorgan Chase & Co. lifted its stake in Fidelity MSCI Industrials Index ETF by 1,866.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 944 shares of the company’s stock worth $73,000 after purchasing an additional 896 shares in the last quarter. First Horizon Corp purchased a new stake in Fidelity MSCI Industrials Index ETF in the 4th quarter worth $75,000. Deutsche Bank AG purchased a new stake in Fidelity MSCI Industrials Index ETF in the 4th quarter worth $82,000. US Bancorp DE lifted its stake in Fidelity MSCI Industrials Index ETF by 38.4% in the 3rd quarter. US Bancorp DE now owns 1,178 shares of the company’s stock worth $97,000 after purchasing an additional 327 shares in the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in Fidelity MSCI Industrials Index ETF in the 4th quarter worth $119,000.

Fidelity MSCI Industrials Index ETF Stock Up 0.4%

Shares of FIDU stock opened at $95.14 on Friday. The company’s fifty day simple moving average is $93.03 and its two-hundred day simple moving average is $89.54. The stock has a market cap of $2.09 billion, a P/E ratio of 24.65 and a beta of 1.04. Fidelity MSCI Industrials Index ETF has a 52 week low of $74.29 and a 52 week high of $96.19.

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.