Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) Hits New 52-Week High at $69.29

Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $69.29 and last traded at $69.25, with a volume of 22965 shares traded. The stock had previously closed at $68.16.

Fidelity MSCI Industrials Index ETF Stock Up 1.3 %

The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of 25.35 and a beta of 0.97. The stock has a 50-day moving average price of $66.25 and a 200 day moving average price of $65.30.

Hedge Funds Weigh In On Fidelity MSCI Industrials Index ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Valley Brook Capital Group Inc. boosted its holdings in Fidelity MSCI Industrials Index ETF by 3.5% in the second quarter. Valley Brook Capital Group Inc. now owns 5,136 shares of the company’s stock valued at $336,000 after purchasing an additional 175 shares in the last quarter. Comerica Bank boosted its holdings in Fidelity MSCI Industrials Index ETF by 14.0% in the first quarter. Comerica Bank now owns 2,288 shares of the company’s stock valued at $155,000 after purchasing an additional 281 shares in the last quarter. Stifel Financial Corp boosted its holdings in Fidelity MSCI Industrials Index ETF by 0.3% in the fourth quarter. Stifel Financial Corp now owns 95,781 shares of the company’s stock valued at $5,865,000 after purchasing an additional 327 shares in the last quarter. Centennial Wealth Advisory LLC boosted its holdings in Fidelity MSCI Industrials Index ETF by 9.3% in the second quarter. Centennial Wealth Advisory LLC now owns 4,827 shares of the company’s stock valued at $316,000 after purchasing an additional 409 shares in the last quarter. Finally, American National Bank boosted its holdings in Fidelity MSCI Industrials Index ETF by 38.5% in the second quarter. American National Bank now owns 1,614 shares of the company’s stock valued at $106,000 after purchasing an additional 449 shares in the last quarter.

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.