VCI Wealth Management LLC Makes New $2.82 Million Investment in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

VCI Wealth Management LLC bought a new position in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 46,064 shares of the company’s stock, valued at approximately $2,820,000. Fidelity MSCI Industrials Index ETF makes up approximately 1.7% of VCI Wealth Management LLC’s investment portfolio, making the stock its 14th biggest position.

A number of other institutional investors have also bought and sold shares of the business. EPG Wealth Management LLC lifted its stake in Fidelity MSCI Industrials Index ETF by 1.0% in the 3rd quarter. EPG Wealth Management LLC now owns 37,937 shares of the company’s stock worth $2,053,000 after purchasing an additional 358 shares in the last quarter. CWM LLC raised its position in shares of Fidelity MSCI Industrials Index ETF by 227.2% during the 3rd quarter. CWM LLC now owns 553 shares of the company’s stock valued at $30,000 after buying an additional 384 shares during the period. Armor Investment Advisors LLC raised its position in shares of Fidelity MSCI Industrials Index ETF by 2.1% during the 3rd quarter. Armor Investment Advisors LLC now owns 20,091 shares of the company’s stock valued at $1,087,000 after buying an additional 416 shares during the period. Kingdom Financial Group LLC. raised its position in shares of Fidelity MSCI Industrials Index ETF by 12.1% during the 4th quarter. Kingdom Financial Group LLC. now owns 4,619 shares of the company’s stock valued at $283,000 after buying an additional 500 shares during the period. Finally, Princeton Global Asset Management LLC purchased a new stake in shares of Fidelity MSCI Industrials Index ETF during the 4th quarter valued at approximately $32,000.

Fidelity MSCI Industrials Index ETF Price Performance

Shares of FIDU stock traded up $0.12 during trading on Thursday, hitting $65.55. 51,557 shares of the stock traded hands, compared to its average volume of 65,567. The firm has a market capitalization of $1.03 billion, a P/E ratio of 24.55 and a beta of 0.98. The firm’s fifty day moving average price is $65.69 and its 200-day moving average price is $60.64. Fidelity MSCI Industrials Index ETF has a 52-week low of $50.70 and a 52-week high of $67.98.

About Fidelity MSCI Industrials Index ETF

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.