JPMorgan Chase & Co. Purchases 975 Shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

JPMorgan Chase & Co. lifted its position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 45.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,143 shares of the company’s stock after buying an additional 975 shares during the period. JPMorgan Chase & Co.’s holdings in Fidelity MSCI Utilities Index ETF were worth $163,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new position in Fidelity MSCI Utilities Index ETF in the third quarter valued at about $28,000. Sunbelt Securities Inc. increased its stake in Fidelity MSCI Utilities Index ETF by 23.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 17,416 shares of the company’s stock worth $902,000 after purchasing an additional 3,265 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its holdings in Fidelity MSCI Utilities Index ETF by 4.4% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 12,139 shares of the company’s stock worth $629,000 after buying an additional 515 shares during the period. MML Investors Services LLC lifted its stake in Fidelity MSCI Utilities Index ETF by 16.2% in the third quarter. MML Investors Services LLC now owns 31,426 shares of the company’s stock valued at $1,628,000 after buying an additional 4,372 shares in the last quarter. Finally, Glen Eagle Advisors LLC boosted its holdings in shares of Fidelity MSCI Utilities Index ETF by 21.4% in the third quarter. Glen Eagle Advisors LLC now owns 1,604 shares of the company’s stock valued at $83,000 after buying an additional 283 shares during the period.

Fidelity MSCI Utilities Index ETF Stock Down 0.6 %

Shares of NYSEARCA:FUTY opened at $50.17 on Friday. The firm has a market cap of $1.33 billion, a price-to-earnings ratio of 22.79 and a beta of 0.50. Fidelity MSCI Utilities Index ETF has a 12 month low of $38.17 and a 12 month high of $53.65. The company’s fifty day simple moving average is $50.15 and its 200 day simple moving average is $49.86.

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.