Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) Holdings Decreased by Exchange Capital Management Inc.

Exchange Capital Management Inc. reduced its stake in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 1.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,718 shares of the company’s stock after selling 632 shares during the quarter. Exchange Capital Management Inc. owned about 0.24% of Fidelity MSCI Industrials Index ETF worth $2,219,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FIDU. Lido Advisors LLC raised its position in Fidelity MSCI Industrials Index ETF by 10.4% in the third quarter. Lido Advisors LLC now owns 1,393,875 shares of the company’s stock worth $75,437,000 after acquiring an additional 131,386 shares in the last quarter. VCI Wealth Management LLC bought a new stake in Fidelity MSCI Industrials Index ETF in the fourth quarter worth about $2,820,000. International Assets Investment Management LLC bought a new stake in Fidelity MSCI Industrials Index ETF in the fourth quarter worth about $2,781,000. MGO One Seven LLC bought a new stake in Fidelity MSCI Industrials Index ETF in the fourth quarter worth about $1,780,000. Finally, CX Institutional bought a new stake in Fidelity MSCI Industrials Index ETF in the fourth quarter worth about $1,557,000.

Fidelity MSCI Industrials Index ETF Stock Up 0.5 %

Fidelity MSCI Industrials Index ETF stock traded up $0.30 during midday trading on Tuesday, hitting $64.83. The company’s stock had a trading volume of 28,406 shares, compared to its average volume of 78,738. The stock’s 50-day moving average price is $66.09 and its 200-day moving average price is $64.34. Fidelity MSCI Industrials Index ETF has a 12 month low of $50.98 and a 12 month high of $67.98. The company has a market capitalization of $1.04 billion, a PE ratio of 25.35 and a beta of 0.97.

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.