BNP Paribas Financial Markets Buys New Stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

BNP Paribas Financial Markets bought a new stake in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTYFree Report) during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 1,076 shares of the company’s stock, valued at approximately $56,000.

Other hedge funds also recently bought and sold shares of the company. Penobscot Wealth Management acquired a new stake in shares of Fidelity MSCI Utilities Index ETF during the third quarter valued at $220,000. D.B. Root & Company LLC acquired a new stake in shares of Fidelity MSCI Utilities Index ETF during the 3rd quarter worth about $227,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of Fidelity MSCI Utilities Index ETF during the second quarter worth about $200,000. Founders Financial Securities LLC acquired a new position in shares of Fidelity MSCI Utilities Index ETF in the second quarter valued at approximately $264,000. Finally, Centennial Wealth Advisory LLC lifted its stake in shares of Fidelity MSCI Utilities Index ETF by 8.0% during the third quarter. Centennial Wealth Advisory LLC now owns 6,266 shares of the company’s stock valued at $325,000 after buying an additional 465 shares during the period.

Fidelity MSCI Utilities Index ETF Stock Performance

FUTY stock opened at $48.42 on Friday. The company has a 50 day moving average price of $51.31 and a two-hundred day moving average price of $48.82. The stock has a market capitalization of $1.28 billion, a P/E ratio of 22.79 and a beta of 0.50. Fidelity MSCI Utilities Index ETF has a one year low of $38.17 and a one year high of $53.65.

About Fidelity MSCI Utilities Index ETF

(Free Report)

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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Institutional Ownership by Quarter for Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

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