D.A. Davidson & CO. purchased a new stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,946 shares of the company’s stock, valued at approximately $201,000.
Other institutional investors also recently modified their holdings of the company. Versant Capital Management Inc bought a new position in shares of Fidelity MSCI Utilities Index ETF in the first quarter valued at $27,000. CX Institutional bought a new position in shares of Fidelity MSCI Utilities Index ETF in the first quarter valued at $188,000. CoreCap Advisors LLC raised its stake in Fidelity MSCI Utilities Index ETF by 73.3% during the 4th quarter. CoreCap Advisors LLC now owns 4,161 shares of the company’s stock valued at $203,000 after purchasing an additional 1,760 shares during the period. Penobscot Wealth Management acquired a new stake in Fidelity MSCI Utilities Index ETF during the 1st quarter valued at $221,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in Fidelity MSCI Utilities Index ETF during the 1st quarter valued at $244,000.
Fidelity MSCI Utilities Index ETF Stock Down 0.2%
Shares of NYSEARCA:FUTY opened at $53.12 on Friday. The company’s fifty day moving average is $52.32 and its two-hundred day moving average is $50.91. Fidelity MSCI Utilities Index ETF has a 12-month low of $44.87 and a 12-month high of $53.65. The company has a market cap of $1.86 billion, a P/E ratio of 20.34 and a beta of 0.54.
Fidelity MSCI Utilities Index ETF Company 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.
Recommended Stories
- Five stocks we like better than Fidelity MSCI Utilities Index ETF
- Breakout Stocks: What They Are and How to Identify Them
- Power Solutions International Poised for 75% Upside
- 3 Stocks to Consider Buying in October
- Why Wall Street Is Betting on These 3 Comeback Stocks
- Profitably Trade Stocks at 52-Week Highs
- Smart Investors Are Watching These 3 Undervalued Stocks
Receive News & Ratings for Fidelity MSCI Utilities Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity MSCI Utilities Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
