Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) Hits New 1-Year High – Here’s What Happened

Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $91.16 and last traded at $90.5660, with a volume of 32342 shares traded. The stock had previously closed at $89.81.

Fidelity MSCI Industrials Index ETF Stock Performance

The stock has a 50-day moving average of $85.04 and a two-hundred day moving average of $82.40. The company has a market cap of $1.71 billion, a P/E ratio of 24.65 and a beta of 1.11.

Institutional Trading of Fidelity MSCI Industrials Index ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Royal Bank of Canada lifted its stake in shares of Fidelity MSCI Industrials Index ETF by 1.5% in the first quarter. Royal Bank of Canada now owns 122,003 shares of the company’s stock worth $8,354,000 after buying an additional 1,853 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in Fidelity MSCI Industrials Index ETF by 12.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 3,735 shares of the company’s stock worth $256,000 after acquiring an additional 410 shares during the last quarter. Jones Financial Companies Lllp lifted its position in Fidelity MSCI Industrials Index ETF by 135.0% in the 1st quarter. Jones Financial Companies Lllp now owns 9,987 shares of the company’s stock valued at $684,000 after acquiring an additional 5,737 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in Fidelity MSCI Industrials Index ETF in the 1st quarter valued at approximately $5,221,000. Finally, Jane Street Group LLC purchased a new stake in Fidelity MSCI Industrials Index ETF during the 1st quarter valued at $752,000.

Fidelity MSCI Industrials Index ETF Company 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.