Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Get Free Report)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $52.60 and last traded at $52.58, with a volume of 183687 shares. The stock had previously closed at $51.76.
Fidelity MSCI Utilities Index ETF Stock Up 2.0 %
The business has a 50-day simple moving average of $49.80 and a 200-day simple moving average of $46.49. The company has a market cap of $1.40 billion, a PE ratio of 22.79 and a beta of 0.50.
Hedge Funds Weigh In On Fidelity MSCI Utilities Index ETF
Institutional investors have recently bought and sold shares of the company. CWM LLC grew its holdings in shares of Fidelity MSCI Utilities Index ETF by 66.1% in the second quarter. CWM LLC now owns 1,146 shares of the company’s stock valued at $50,000 after purchasing an additional 456 shares in the last quarter. American National Bank grew its stake in shares of Fidelity MSCI Utilities Index ETF by 60.6% in the first quarter. American National Bank now owns 1,264 shares of the company’s stock worth $54,000 after acquiring an additional 477 shares in the last quarter. Gradient Investments LLC increased its position in shares of Fidelity MSCI Utilities Index ETF by 25,520.0% during the second quarter. Gradient Investments LLC now owns 2,562 shares of the company’s stock worth $113,000 after acquiring an additional 2,552 shares during the period. Rogco LP acquired a new stake in shares of Fidelity MSCI Utilities Index ETF in the first quarter valued at $157,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in Fidelity MSCI Utilities Index ETF in the second quarter valued at $200,000.
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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