Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Get Free Report) hit a new 52-week high on Monday . The stock traded as high as $52.95 and last traded at $52.83, with a volume of 39773 shares trading hands. The stock had previously closed at $52.44.
Fidelity MSCI Utilities Index ETF Trading Up 1.4 %
The stock has a market capitalization of $1.41 billion, a P/E ratio of 22.79 and a beta of 0.50. The business has a fifty day simple moving average of $51.35 and a 200 day simple moving average of $48.25.
Institutional Investors Weigh In On Fidelity MSCI Utilities Index ETF
A number of institutional investors and hedge funds have recently bought and sold shares of FUTY. Wilmington Savings Fund Society FSB bought a new position in shares of Fidelity MSCI Utilities Index ETF during the 3rd quarter worth approximately $28,000. CWM LLC lifted its holdings in Fidelity MSCI Utilities Index ETF by 66.1% during the second quarter. CWM LLC now owns 1,146 shares of the company’s stock worth $50,000 after acquiring an additional 456 shares during the period. BNP Paribas Financial Markets bought a new stake in Fidelity MSCI Utilities Index ETF during the third quarter worth $56,000. American National Bank boosted its position in Fidelity MSCI Utilities Index ETF by 27.8% in the second quarter. American National Bank now owns 1,616 shares of the company’s stock worth $71,000 after purchasing an additional 352 shares during the last quarter. Finally, Glen Eagle Advisors LLC increased its position in shares of Fidelity MSCI Utilities Index ETF by 21.4% during the 3rd 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 during the last quarter.
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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