Smith Salley Wealth Management Sells 1,395 Shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Smith Salley Wealth Management cut its stake in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 4.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,333 shares of the company’s stock after selling 1,395 shares during the quarter. Smith Salley Wealth Management’s holdings in Fidelity MSCI Industrials Index ETF were worth $2,133,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. purchased a new stake in Fidelity MSCI Industrials Index ETF in the fourth quarter worth approximately $31,000. American National Bank & Trust grew its position in shares of Fidelity MSCI Industrials Index ETF by 37.1% in the 3rd quarter. American National Bank & Trust now owns 2,212 shares of the company’s stock worth $160,000 after buying an additional 598 shares during the last quarter. Arkadios Wealth Advisors purchased a new position in Fidelity MSCI Industrials Index ETF during the 3rd quarter valued at $207,000. Selective Wealth Management Inc. purchased a new position in shares of Fidelity MSCI Industrials Index ETF during the third quarter valued at about $207,000. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of Fidelity MSCI Industrials Index ETF during the 3rd quarter worth approximately $211,000.

Fidelity MSCI Industrials Index ETF Trading Up 0.5 %

Shares of Fidelity MSCI Industrials Index ETF stock opened at $73.60 on Friday. Fidelity MSCI Industrials Index ETF has a 12 month low of $59.15 and a 12 month high of $77.59. The firm has a market capitalization of $1.18 billion, a P/E ratio of 25.35 and a beta of 0.97. The business has a fifty day simple moving average of $73.52 and a two-hundred day simple moving average of $71.01.

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.