re = /\(([^\)]*)\)/m
str = 'FID SEL TELECOMM (FSTCX)07/29/1985
FID SEL UTILITIES (FSUTX)12/10/1981
SPTN REAL ES IDX ADV (FSRVX)09/08/2011
SA EMERGING MKTS FOF (FLILX)05/02/2012
SA INTL MULTI MGR (FMJDX)05/02/2012
FID ASSET MGR 85% (FAMRX)09/24/1999'
subst = '<div> >$1</div> '
result = str.gsub(re, subst)
# Print the result of the substitution
puts result
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for Ruby, please visit: http://ruby-doc.org/core-2.2.0/Regexp.html