Tradewinds Capital Management LLC bought a new stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 1,240 shares of the company’s stock, valued at approximately $60,000.
A number of other institutional investors have also modified their holdings of FUTY. Sound Income Strategies LLC bought a new stake in shares of Fidelity MSCI Utilities Index ETF during the 4th quarter valued at about $27,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Fidelity MSCI Utilities Index ETF during the 3rd quarter valued at about $28,000. BNP Paribas Financial Markets bought a new stake in shares of Fidelity MSCI Utilities Index ETF during the 3rd quarter valued at about $56,000. Roxbury Financial LLC bought a new position in Fidelity MSCI Utilities Index ETF in the 4th quarter worth about $74,000. Finally, Glen Eagle Advisors LLC grew its position in Fidelity MSCI Utilities Index ETF by 21.4% in the 3rd quarter. Glen Eagle Advisors LLC now owns 1,604 shares of the company’s stock worth $83,000 after purchasing an additional 283 shares during the last quarter.
Fidelity MSCI Utilities Index ETF Trading Up 0.1 %
NYSEARCA FUTY opened at $51.72 on Friday. Fidelity MSCI Utilities Index ETF has a 52 week low of $39.08 and a 52 week high of $53.65. The stock has a market cap of $1.37 billion, a price-to-earnings ratio of 22.79 and a beta of 0.50. The company has a 50-day moving average price of $49.91 and a two-hundred day moving average price of $50.35.
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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