Lynch & Associates IN Boosts Holdings in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Lynch & Associates IN lifted its position in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 5.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 30,929 shares of the company’s stock after purchasing an additional 1,666 shares during the period. Lynch & Associates IN’s holdings in Fidelity MSCI Industrials Index ETF were worth $1,759,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in FIDU. Tucker Asset Management LLC acquired a new stake in shares of Fidelity MSCI Industrials Index ETF in the first quarter valued at approximately $29,000. Almanack Investment Partners LLC. purchased a new position in shares of Fidelity MSCI Industrials Index ETF in the 3rd quarter valued at approximately $32,000. Money Concepts Capital Corp acquired a new position in shares of Fidelity MSCI Industrials Index ETF in the fourth quarter valued at approximately $37,000. Advisors Preferred LLC purchased a new stake in shares of Fidelity MSCI Industrials Index ETF during the first quarter worth approximately $50,000. Finally, Creative Financial Designs Inc. ADV acquired a new stake in shares of Fidelity MSCI Industrials Index ETF during the first quarter worth $74,000.

Fidelity MSCI Industrials Index ETF Stock Performance

FIDU traded down $0.56 during trading on Tuesday, hitting $55.20. The stock had a trading volume of 71,747 shares, compared to its average volume of 68,235. The company’s 50-day moving average price is $57.33 and its 200 day moving average price is $54.51. The firm has a market capitalization of $750.72 million, a P/E ratio of 21.99 and a beta of 1.13. Fidelity MSCI Industrials Index ETF has a twelve month low of $43.51 and a twelve month high of $59.00.

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.