PNC Financial Services Group Inc. raised its stake in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Free Report) by 4.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 8,052 shares of the company’s stock after buying an additional 356 shares during the period. PNC Financial Services Group Inc.’s holdings in Fidelity MSCI Utilities Index ETF were worth $393,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC purchased a new stake in Fidelity MSCI Utilities Index ETF in the 4th quarter valued at about $27,000. Wilmington Savings Fund Society FSB bought a new position in shares of Fidelity MSCI Utilities Index ETF in the third quarter valued at approximately $28,000. BNP Paribas Financial Markets purchased a new stake in shares of Fidelity MSCI Utilities Index ETF during the third quarter valued at approximately $56,000. Tradewinds Capital Management LLC bought a new stake in Fidelity MSCI Utilities Index ETF during the fourth quarter worth $60,000. Finally, Roxbury Financial LLC purchased a new position in Fidelity MSCI Utilities Index ETF in the fourth quarter worth $74,000.
Fidelity MSCI Utilities Index ETF Price Performance
Shares of NYSEARCA:FUTY opened at $51.23 on Friday. Fidelity MSCI Utilities Index ETF has a 1 year low of $40.34 and a 1 year high of $53.65. The company has a market capitalization of $1.68 billion, a PE ratio of 20.26 and a beta of 0.62. The business has a fifty day moving average price of $50.53 and a two-hundred day moving average price of $50.66.
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.
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Want to see what other hedge funds are holding FUTY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Free Report).
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