Robertson Stephens Wealth Management LLC Takes $630,000 Position in Fidelity MSCI Industrials Index ETF $FIDU

Robertson Stephens Wealth Management LLC acquired a new stake in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 7,643 shares of the company’s stock, valued at approximately $630,000.

Other hedge funds have also recently made changes to their positions in the company. AE Wealth Management LLC raised its holdings in shares of Fidelity MSCI Industrials Index ETF by 12.5% during the third quarter. AE Wealth Management LLC now owns 1,051,799 shares of the company’s stock valued at $86,184,000 after purchasing an additional 117,011 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of 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 purchasing an additional 77,068 shares during the last quarter. Maxele Advisors LLC purchased a new position in shares of Fidelity MSCI Industrials Index ETF during the third quarter valued at approximately $1,498,000. Independence Financial Advisors LLC raised its holdings in shares of Fidelity MSCI Industrials Index ETF by 58.1% during the third quarter. Independence Financial Advisors LLC now owns 132,727 shares of the company’s stock valued at $10,876,000 after purchasing an additional 48,777 shares during the last quarter. Finally, Lido Advisors LLC increased its holdings in Fidelity MSCI Industrials Index ETF by 1.9% during the third quarter. Lido Advisors LLC now owns 1,736,585 shares of the company’s stock valued at $142,296,000 after buying an additional 32,118 shares during the last quarter.

Fidelity MSCI Industrials Index ETF Stock Performance

Shares of FIDU stock opened at $93.52 on Monday. Fidelity MSCI Industrials Index ETF has a 12 month low of $69.66 and a 12 month high of $95.82. The stock has a market cap of $2.06 billion, a P/E ratio of 24.65 and a beta of 1.06. The company has a 50 day simple moving average of $90.87 and a two-hundred day simple moving average of $87.10.

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.