GSB Wealth Management LLC Has $2.52 Million Stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

GSB Wealth Management LLC boosted its holdings in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 0.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,659 shares of the company’s stock after purchasing an additional 424 shares during the period. GSB Wealth Management LLC owned 0.20% of Fidelity MSCI Utilities Index ETF worth $2,519,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new stake in Fidelity MSCI Utilities Index ETF during the 3rd quarter valued at $28,000. Sound Income Strategies LLC acquired a new stake in Fidelity MSCI Utilities Index ETF during the 4th quarter valued at $27,000. BNP Paribas Financial Markets acquired a new stake in Fidelity MSCI Utilities Index ETF during the 3rd quarter valued at $56,000. Glen Eagle Advisors LLC increased its holdings in Fidelity MSCI Utilities Index ETF by 21.4% during the 3rd quarter. Glen Eagle Advisors LLC now owns 1,604 shares of the company’s stock valued at $83,000 after purchasing an additional 283 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in Fidelity MSCI Utilities Index ETF by 45.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,143 shares of the company’s stock valued at $163,000 after buying an additional 975 shares during the last quarter.

Fidelity MSCI Utilities Index ETF Stock Performance

Shares of FUTY opened at $51.09 on Friday. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of 22.79 and a beta of 0.50. The business’s fifty day moving average price is $50.36 and its two-hundred day moving average price is $49.66. Fidelity MSCI Utilities Index ETF has a 52 week low of $38.17 and a 52 week high of $53.65.

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.