Hilltop National Bank bought a new stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 495 shares of the company’s stock, valued at approximately $26,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. ORG Partners LLC purchased a new stake in shares of Fidelity MSCI Utilities Index ETF in the second quarter valued at about $32,000. Nova Wealth Management Inc. raised its holdings in shares of Fidelity MSCI Utilities Index ETF by 2,000.0% in the second quarter. Nova Wealth Management Inc. now owns 1,743 shares of the company’s stock valued at $92,000 after purchasing an additional 1,660 shares during the last quarter. CX Institutional purchased a new stake in shares of Fidelity MSCI Utilities Index ETF in the first quarter valued at about $188,000. D.A. Davidson & CO. purchased a new stake in Fidelity MSCI Utilities Index ETF during the first quarter worth about $201,000. Finally, Northside Capital Management LLC purchased a new stake in Fidelity MSCI Utilities Index ETF during the second quarter worth about $210,000.
Fidelity MSCI Utilities Index ETF Stock Performance
NYSEARCA FUTY opened at $58.28 on Wednesday. Fidelity MSCI Utilities Index ETF has a 52-week low of $45.94 and a 52-week high of $58.52. The company has a 50-day simple moving average of $55.36 and a 200 day simple moving average of $52.99. The company has a market capitalization of $2.12 billion, a PE ratio of 20.34 and a beta of 0.54.
Fidelity MSCI Utilities Index ETF 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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