Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) Shares Acquired by Jane Street Group LLC

Jane Street Group LLC lifted its position in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 198.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 30,991 shares of the company’s stock after purchasing an additional 20,591 shares during the period. Jane Street Group LLC owned about 0.12% of Fidelity MSCI Utilities Index ETF worth $1,511,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Demars Financial Group LLC boosted its holdings in Fidelity MSCI Utilities Index ETF by 4,647.2% in the 4th quarter. Demars Financial Group LLC now owns 544,358 shares of the company’s stock valued at $26,548,000 after purchasing an additional 532,891 shares in the last quarter. LPL Financial LLC boosted its holdings in Fidelity MSCI Utilities Index ETF by 56.7% in the 4th quarter. LPL Financial LLC now owns 470,099 shares of the company’s stock valued at $22,927,000 after purchasing an additional 170,067 shares in the last quarter. Apollon Wealth Management LLC purchased a new stake in Fidelity MSCI Utilities Index ETF in the 4th quarter valued at approximately $5,073,000. Susquehanna International Group LLP purchased a new stake in Fidelity MSCI Utilities Index ETF in the 4th quarter valued at approximately $3,454,000. Finally, Modern Wealth Management LLC purchased a new stake in Fidelity MSCI Utilities Index ETF in the 4th quarter valued at approximately $3,286,000.

Fidelity MSCI Utilities Index ETF Price Performance

Shares of NYSEARCA:FUTY opened at $52.95 on Monday. The business’s 50 day simple moving average is $50.46 and its 200-day simple moving average is $50.46. The firm has a market capitalization of $1.82 billion, a price-to-earnings ratio of 20.47 and a beta of 0.61. Fidelity MSCI Utilities Index ETF has a 12 month low of $43.62 and a 12 month high of $53.65.

Fidelity MSCI Utilities Index ETF Profile

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.