Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) Sees Unusually-High Trading Volume – Here’s Why

Shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) saw an uptick in trading volume on Thursday . 69,719 shares were traded during mid-day trading, a decline of 8% from the previous session’s volume of 75,797 shares.The stock last traded at $72.88 and had previously closed at $72.39.

Fidelity MSCI Industrials Index ETF Price Performance

The stock has a market capitalization of $1.17 billion, a PE ratio of 25.35 and a beta of 0.97. The company has a 50 day moving average price of $73.62 and a 200-day moving average price of $70.89.

Institutional Trading of Fidelity MSCI Industrials Index ETF

A number of hedge funds have recently modified their holdings of the business. Centaurus Financial Inc. grew its stake in shares of Fidelity MSCI Industrials Index ETF by 2.1% in the 3rd quarter. Centaurus Financial Inc. now owns 6,512 shares of the company’s stock worth $470,000 after buying an additional 132 shares during the last quarter. Centennial Wealth Advisory LLC grew its stake in shares of Fidelity MSCI Industrials Index ETF by 5.3% in the third quarter. Centennial Wealth Advisory LLC now owns 5,085 shares of the company’s stock worth $367,000 after acquiring an additional 258 shares during the last quarter. Prairie Wealth Advisors Inc. increased its holdings in shares of Fidelity MSCI Industrials Index ETF by 4.5% during the second quarter. Prairie Wealth Advisors Inc. now owns 6,727 shares of the company’s stock valued at $440,000 after acquiring an additional 289 shares in the last quarter. Valley Brook Capital Group Inc. increased its stake in Fidelity MSCI Industrials Index ETF by 5.7% during the 3rd quarter. Valley Brook Capital Group Inc. now owns 5,427 shares of the company’s stock valued at $392,000 after purchasing an additional 291 shares in the last quarter. Finally, Brookstone Capital Management grew its holdings in shares of Fidelity MSCI Industrials Index ETF by 8.7% during the third quarter. Brookstone Capital Management now owns 4,404 shares of the company’s stock valued at $318,000 after buying an additional 352 shares during 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.