Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) Stock Short Interest Report for September

Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 101,368 shares, a decrease of 93.3% from the September 15th total of 1,522,365 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 905,342 shares, the short-interest ratio is presently 0.1 days.

Fidelity MSCI Utilities Index ETF Stock Up 0.8%

NYSEARCA FUTY traded up $0.43 during mid-day trading on Friday, hitting $53.47. The stock had a trading volume of 356,808 shares, compared to its average volume of 401,155. Fidelity MSCI Utilities Index ETF has a 52-week low of $50.53 and a 52-week high of $61.51. The company has a market cap of $2.20 billion, a price-to-earnings ratio of 20.34 and a beta of 0.57. The company has a 50 day simple moving average of $54.52 and a 200 day simple moving average of $57.09.

Institutional Trading of Fidelity MSCI Utilities Index ETF

Several large investors have recently bought and sold shares of FUTY. Bank of America Corp DE raised its stake in shares of Fidelity MSCI Utilities Index ETF by 0.9% during the 1st quarter. Bank of America Corp DE now owns 9,170,828 shares of the company’s stock worth $541,721,000 after buying an additional 77,710 shares during the last quarter. Kestra Advisory Services LLC grew its stake in Fidelity MSCI Utilities Index ETF by 13.7% in the 1st quarter. Kestra Advisory Services LLC now owns 552,635 shares of the company’s stock valued at $32,644,000 after acquiring an additional 66,524 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Fidelity MSCI Utilities Index ETF by 21.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 419,958 shares of the company’s stock valued at $24,534,000 after acquiring an additional 73,449 shares in the last quarter. Cetera Investment Advisers increased its holdings in Fidelity MSCI Utilities Index ETF by 29.9% during the 1st quarter. Cetera Investment Advisers now owns 250,627 shares of the company’s stock valued at $14,805,000 after acquiring an additional 57,657 shares in the last quarter. Finally, Apollon Wealth Management LLC increased its holdings in Fidelity MSCI Utilities Index ETF by 8.2% during the 1st quarter. Apollon Wealth Management LLC now owns 141,953 shares of the company’s stock valued at $8,385,000 after acquiring an additional 10,770 shares in the last quarter.

About Fidelity MSCI Utilities Index ETF

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.