Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) Sees Strong Trading Volume

Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDUGet Free Report) saw unusually-strong trading volume on Monday . Approximately 76,578 shares traded hands during mid-day trading, an increase of 23% from the previous session’s volume of 62,300 shares.The stock last traded at $67.46 and had previously closed at $67.81.

Fidelity MSCI Industrials Index ETF Trading Down 0.6 %

The business has a 50 day simple moving average of $64.33 and a two-hundred day simple moving average of $59.35. The stock has a market cap of $909.02 million, a price-to-earnings ratio of 21.99 and a beta of 1.13.

Hedge Funds Weigh In On Fidelity MSCI Industrials Index ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Bank of America Corp DE grew its stake in Fidelity MSCI Industrials Index ETF by 368.5% in the first quarter. Bank of America Corp DE now owns 270,957 shares of the company’s stock worth $14,580,000 after purchasing an additional 213,127 shares in the last quarter. Lido Advisors LLC increased its holdings in shares of Fidelity MSCI Industrials Index ETF by 10.4% in the 3rd quarter. Lido Advisors LLC now owns 1,393,875 shares of the company’s stock valued at $75,437,000 after acquiring an additional 131,386 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of Fidelity MSCI Industrials Index ETF by 195.4% in the 2nd quarter. Jane Street Group LLC now owns 135,852 shares of the company’s stock valued at $6,141,000 after acquiring an additional 89,857 shares during the last quarter. AE Wealth Management LLC raised its position in shares of Fidelity MSCI Industrials Index ETF by 23.4% during the 3rd quarter. AE Wealth Management LLC now owns 409,898 shares of the company’s stock valued at $22,184,000 after acquiring an additional 77,691 shares in the last quarter. Finally, Yoder Wealth Management Inc. bought a new position in Fidelity MSCI Industrials Index ETF during the first quarter worth $3,584,000.

About Fidelity MSCI Industrials Index ETF

(Get Free Report)

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.

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