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

Jane Street Group LLC cut its position in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 45.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,400 shares of the company’s stock after selling 8,501 shares during the quarter. Jane Street Group LLC’s holdings in Fidelity MSCI Utilities Index ETF were worth $539,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Stifel Financial Corp grew its stake in shares of Fidelity MSCI Utilities Index ETF by 97.9% in the third quarter. Stifel Financial Corp now owns 20,181 shares of the company’s stock valued at $1,046,000 after buying an additional 9,985 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of Fidelity MSCI Utilities Index ETF in the third quarter valued at about $56,000. Private Advisor Group LLC grew its stake in shares of Fidelity MSCI Utilities Index ETF by 74.8% in the second quarter. Private Advisor Group LLC now owns 39,089 shares of the company’s stock valued at $1,718,000 after buying an additional 16,725 shares in the last quarter. Beam Wealth Advisors Inc. grew its stake in shares of Fidelity MSCI Utilities Index ETF by 2.1% in the third quarter. Beam Wealth Advisors Inc. now owns 18,452 shares of the company’s stock valued at $956,000 after buying an additional 374 shares in the last quarter. Finally, Harbour Investments Inc. grew its stake in shares of Fidelity MSCI Utilities Index ETF by 3.7% in the third quarter. Harbour Investments Inc. now owns 15,940 shares of the company’s stock valued at $826,000 after buying an additional 575 shares in the last quarter.

Fidelity MSCI Utilities Index ETF Stock Performance

FUTY stock opened at $49.64 on Monday. Fidelity MSCI Utilities Index ETF has a 1 year low of $38.17 and a 1 year high of $53.65. The stock has a 50-day simple moving average of $50.61 and a 200-day simple moving average of $49.16. The firm has a market cap of $1.31 billion, a P/E ratio of 22.79 and a beta of 0.50.

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.