IFG Advisory LLC grew its position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Free Report) by 6.1% during the fourth quarter, Holdings Channel reports. The firm owned 127,370 shares of the company’s stock after acquiring an additional 7,370 shares during the period. IFG Advisory LLC’s holdings in Fidelity MSCI Utilities Index ETF were worth $5,204,000 as of its most recent filing with the SEC.
A number of other hedge funds have also modified their holdings of FUTY. CWM LLC acquired a new position in shares of Fidelity MSCI Utilities Index ETF in the third quarter valued at about $26,000. Qube Research & Technologies Ltd grew its holdings in Fidelity MSCI Utilities Index ETF by 334.9% during the third quarter. Qube Research & Technologies Ltd now owns 1,209 shares of the company’s stock worth $46,000 after acquiring an additional 931 shares during the period. Global Wealth Management Investment Advisory Inc. grew its holdings in Fidelity MSCI Utilities Index ETF by 56.4% during the first quarter. Global Wealth Management Investment Advisory Inc. now owns 1,250 shares of the company’s stock worth $60,000 after acquiring an additional 451 shares during the period. O Shaughnessy Asset Management LLC acquired a new stake in Fidelity MSCI Utilities Index ETF during the third quarter worth about $90,000. Finally, Comerica Bank acquired a new stake in Fidelity MSCI Utilities Index ETF during the third quarter worth about $122,000.
Fidelity MSCI Utilities Index ETF Stock Up 2.7 %
Fidelity MSCI Utilities Index ETF stock opened at $42.07 on Thursday. The firm has a market cap of $1.86 billion, a price-to-earnings ratio of 24.22 and a beta of 0.54. Fidelity MSCI Utilities Index ETF has a 52 week low of $35.32 and a 52 week high of $45.38. The business’s 50-day moving average price is $40.00 and its 200 day moving average price is $39.81.
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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Want to see what other hedge funds are holding FUTY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Free Report).
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