Briaud Financial Planning Inc Buys New Shares in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Briaud Financial Planning Inc acquired a new stake in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 500 shares of the company’s stock, valued at approximately $35,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Thrivent Financial for Lutherans bought a new position in shares of Fidelity MSCI Industrials Index ETF in the 3rd quarter valued at about $2,321,000. Jane Street Group LLC bought a new stake in shares of Fidelity MSCI Industrials Index ETF during the 3rd quarter worth about $1,629,000. Truist Financial Corp boosted its holdings in shares of Fidelity MSCI Industrials Index ETF by 21.4% during the 4th quarter. Truist Financial Corp now owns 21,433 shares of the company’s stock worth $1,507,000 after buying an additional 3,773 shares during the period. SVB Wealth LLC bought a new stake in shares of Fidelity MSCI Industrials Index ETF during the 4th quarter worth about $208,000. Finally, Principal Securities Inc. boosted its holdings in shares of Fidelity MSCI Industrials Index ETF by 5,792.9% during the 4th quarter. Principal Securities Inc. now owns 1,650 shares of the company’s stock worth $116,000 after buying an additional 1,622 shares during the period.

Fidelity MSCI Industrials Index ETF Stock Performance

Shares of FIDU stock opened at $69.05 on Tuesday. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 25.79 and a beta of 1.14. The company has a 50-day simple moving average of $72.18 and a 200 day simple moving average of $72.46. Fidelity MSCI Industrials Index ETF has a 52 week low of $63.69 and a 52 week high of $77.59.

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.