Traynor Capital Management Inc. Sells 4,703 Shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

Traynor Capital Management Inc. decreased its holdings in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 7.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 60,315 shares of the company’s stock after selling 4,703 shares during the quarter. Traynor Capital Management Inc. owned about 0.38% of Fidelity MSCI Industrials Index ETF worth $4,241,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in the stock. Decker Retirement Planning Inc. purchased a new stake in Fidelity MSCI Industrials Index ETF in the 4th quarter worth approximately $31,000. American National Bank & Trust boosted its stake in Fidelity MSCI Industrials Index ETF by 37.1% in the third quarter. American National Bank & Trust now owns 2,212 shares of the company’s stock worth $160,000 after buying an additional 598 shares in the last quarter. Selective Wealth Management Inc. bought a new position in Fidelity MSCI Industrials Index ETF during the third quarter valued at approximately $207,000. Arkadios Wealth Advisors purchased a new position in shares of Fidelity MSCI Industrials Index ETF during the third quarter worth approximately $207,000. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of Fidelity MSCI Industrials Index ETF in the 3rd quarter worth approximately $211,000.

Fidelity MSCI Industrials Index ETF Trading Down 0.1 %

Shares of NYSEARCA:FIDU opened at $75.04 on Thursday. The stock has a market capitalization of $1.20 billion, a P/E ratio of 25.35 and a beta of 0.97. Fidelity MSCI Industrials Index ETF has a 12-month low of $60.21 and a 12-month high of $77.59. The stock’s 50-day moving average price is $73.43 and its 200-day moving average price is $71.18.

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.