Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Get Free Report) shares saw strong trading volume on Friday . 329,391 shares changed hands during trading, an increase of 38% from the previous session’s volume of 238,320 shares.The stock last traded at $49.75 and had previously closed at $49.07.
Fidelity MSCI Utilities Index ETF Trading Up 1.2 %
The stock has a market cap of $1.31 billion, a price-to-earnings ratio of 22.79 and a beta of 0.50. The firm’s 50 day moving average is $50.65 and its two-hundred day moving average is $49.06.
Institutional Trading of Fidelity MSCI Utilities Index ETF
Hedge funds and other institutional investors have recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new stake in Fidelity MSCI Utilities Index ETF during the third quarter valued at about $28,000. BNP Paribas Financial Markets purchased a new stake in shares of Fidelity MSCI Utilities Index ETF in the third quarter worth approximately $56,000. Glen Eagle Advisors LLC grew its position in Fidelity MSCI Utilities Index ETF by 21.4% during the third quarter. Glen Eagle Advisors LLC now owns 1,604 shares of the company’s stock valued at $83,000 after purchasing an additional 283 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Fidelity MSCI Utilities Index ETF by 45.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,143 shares of the company’s stock valued at $163,000 after buying an additional 975 shares during the period. Finally, Penobscot Wealth Management purchased a new position in shares of Fidelity MSCI Utilities Index ETF during the 3rd quarter valued at $220,000.
About Fidelity MSCI Utilities Index ETF
The Fidelity MSCI Utilities Index ETF (FUTY) is an exchange-traded fund that is based on the MSCI USA IMI Utilities 25\u002F50 index. The fund tracks the MSCI US IMI Utilities 25\u002F50 Index, a market-cap-weighted index of stocks in the US utilities sector. FUTY was launched on Oct 21, 2013 and is managed by Fidelity.
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