Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) Sets New 1-Year High at $70.63

Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) hit a new 52-week high during trading on Tuesday . The company traded as high as $70.63 and last traded at $70.53, with a volume of 8515 shares changing hands. The stock had previously closed at $69.96.

Fidelity MSCI Industrials Index ETF Trading Up 0.5 %

The business’s 50-day simple moving average is $67.76 and its 200-day simple moving average is $66.67. The company has a market capitalization of $1.13 billion, a PE ratio of 25.35 and a beta of 0.97.

Institutional Investors Weigh In On Fidelity MSCI Industrials Index ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. grew its holdings in Fidelity MSCI Industrials Index ETF by 12.0% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 31,059 shares of the company’s stock worth $1,902,000 after acquiring an additional 3,321 shares during the period. Advisory Services Network LLC increased its holdings in shares of Fidelity MSCI Industrials Index ETF by 8.9% during the 4th quarter. Advisory Services Network LLC now owns 76,010 shares of the company’s stock valued at $4,654,000 after purchasing an additional 6,200 shares in the last quarter. Stifel Financial Corp lifted its stake in shares of Fidelity MSCI Industrials Index ETF by 0.3% in the 4th 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 during the period. MGO One Seven LLC purchased a new stake in Fidelity MSCI Industrials Index ETF during the fourth quarter worth $1,780,000. Finally, Integrated Advisors Network LLC increased its holdings in Fidelity MSCI Industrials Index ETF by 7.1% in the fourth quarter. Integrated Advisors Network LLC now owns 7,318 shares of the company’s stock valued at $448,000 after buying an additional 484 shares in the last quarter.

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.