Exchange Capital Management Inc. Reduces Holdings in Fidelity MSCI Industrials Index ETF $FIDU

Exchange Capital Management Inc. lessened its stake in shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDUFree Report) by 2.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 30,156 shares of the company’s stock after selling 769 shares during the quarter. Exchange Capital Management Inc. owned about 0.16% of Fidelity MSCI Industrials Index ETF worth $2,338,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Versant Capital Management Inc acquired a new position in Fidelity MSCI Industrials Index ETF in the 1st quarter valued at $30,000. Hilltop National Bank purchased a new stake in shares of Fidelity MSCI Industrials Index ETF during the 2nd quarter worth about $30,000. Signature Resources Capital Management LLC purchased a new position in shares of Fidelity MSCI Industrials Index ETF in the 2nd quarter valued at $43,000. CX Institutional acquired a new position in shares of Fidelity MSCI Industrials Index ETF during the 1st quarter valued at $45,000. Finally, Elite Financial Inc. purchased a new stake in Fidelity MSCI Industrials Index ETF during the 1st quarter worth $54,000.

Fidelity MSCI Industrials Index ETF Price Performance

NYSEARCA:FIDU opened at $82.16 on Friday. The business’s 50-day moving average is $80.56 and its two-hundred day moving average is $75.36. The firm has a market capitalization of $1.52 billion, a PE ratio of 24.65 and a beta of 1.13. Fidelity MSCI Industrials Index ETF has a 12 month low of $59.16 and a 12 month high of $82.33.

Fidelity MSCI Industrials Index ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

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