Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) Reaches 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 Monday . The company traded as high as $97.17 and last traded at $96.90, with a volume of 5210 shares trading hands. The stock had previously closed at $95.14.

Fidelity MSCI Industrials Index ETF Stock Up 0.6%

The stock’s 50-day moving average is $93.39 and its 200 day moving average is $89.83. The stock has a market capitalization of $2.13 billion, a PE ratio of 24.65 and a beta of 1.04.

Institutional Trading of Fidelity MSCI Industrials Index ETF

Large investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC grew its position in Fidelity MSCI Industrials Index ETF by 47.3% in the first quarter. Parallel Advisors LLC now owns 383 shares of the company’s stock worth $33,000 after acquiring an additional 123 shares in the last quarter. Aptus Capital Advisors LLC boosted its holdings in shares of Fidelity MSCI Industrials Index ETF by 945.8% during the 4th quarter. Aptus Capital Advisors LLC now owns 617 shares of the company’s stock worth $51,000 after buying an additional 558 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Fidelity MSCI Industrials Index ETF by 1,866.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 944 shares of the company’s stock worth $73,000 after buying an additional 896 shares during the period. First Horizon Corp bought a new stake in shares of Fidelity MSCI Industrials Index ETF during the 4th quarter worth $75,000. Finally, Deutsche Bank AG bought a new stake in shares of Fidelity MSCI Industrials Index ETF during the 4th quarter worth $82,000.

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.