JPMorgan Chase & Co. Sells 6,617 Shares of Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU)

JPMorgan Chase & Co. decreased its holdings in Fidelity MSCI Industrials Index ETF (NYSEARCA:FIDU) by 67.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,216 shares of the company’s stock after selling 6,617 shares during the quarter. JPMorgan Chase & Co.’s holdings in Fidelity MSCI Industrials Index ETF were worth $232,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Thrivent Financial for Lutherans acquired a new stake in shares of Fidelity MSCI Industrials Index ETF in the third quarter valued at $2,321,000. Jane Street Group LLC acquired a new stake in Fidelity MSCI Industrials Index ETF in the 3rd quarter valued at about $1,629,000. Cetera Investment Advisers raised its stake in shares of Fidelity MSCI Industrials Index ETF by 16.7% in the second quarter. Cetera Investment Advisers now owns 15,807 shares of the company’s stock worth $1,033,000 after acquiring an additional 2,263 shares during the last quarter. American National Bank & Trust lifted its position in shares of Fidelity MSCI Industrials Index ETF by 37.1% during the third quarter. American National Bank & Trust now owns 2,212 shares of the company’s stock worth $160,000 after purchasing an additional 598 shares in the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of Fidelity MSCI Industrials Index ETF during the third quarter valued at approximately $211,000.

Fidelity MSCI Industrials Index ETF Trading Down 0.4 %

Shares of NYSEARCA:FIDU opened at $73.65 on Friday. Fidelity MSCI Industrials Index ETF has a 1-year low of $60.51 and a 1-year high of $77.59. The stock has a market capitalization of $1.18 billion, a P/E ratio of 25.35 and a beta of 0.97. The business has a 50-day moving average price of $73.35 and a two-hundred day moving average price of $71.53.

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.