J.W. Cole Advisors Inc. cut its holdings in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Free Report) by 16.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,578 shares of the company’s stock after selling 3,327 shares during the period. J.W. Cole Advisors Inc.’s holdings in Fidelity MSCI Utilities Index ETF were worth $845,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Versant Capital Management Inc acquired a new position in Fidelity MSCI Utilities Index ETF in the first quarter valued at approximately $27,000. CX Institutional acquired a new position in Fidelity MSCI Utilities Index ETF in the first quarter valued at approximately $188,000. D.A. Davidson & CO. acquired a new position in Fidelity MSCI Utilities Index ETF in the first quarter valued at approximately $201,000. CoreCap Advisors LLC lifted its holdings in Fidelity MSCI Utilities Index ETF by 73.3% in the fourth quarter. CoreCap Advisors LLC now owns 4,161 shares of the company’s stock valued at $203,000 after acquiring an additional 1,760 shares during the last quarter. Finally, Penobscot Wealth Management acquired a new position in Fidelity MSCI Utilities Index ETF in the first quarter valued at approximately $221,000.
Fidelity MSCI Utilities Index ETF Stock Performance
FUTY opened at $54.35 on Friday. Fidelity MSCI Utilities Index ETF has a one year low of $45.50 and a one year high of $55.41. The stock has a market capitalization of $1.90 billion, a PE ratio of 20.34 and a beta of 0.54. The business’s 50 day moving average price is $52.70 and its 200 day moving average price is $51.19.
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.
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