Fidelity Managed Futures ETF (NASDAQ:FFUT) Shares Up 0.3% – Here’s Why

Shares of Fidelity Managed Futures ETF (NASDAQ:FFUTGet Free Report) were up 0.3% during trading on Wednesday . The company traded as high as $62.75 and last traded at $62.59. Approximately 12,972 shares traded hands during trading, a decline of 32% from the average daily volume of 19,193 shares. The stock had previously closed at $62.39.

Fidelity Managed Futures ETF Stock Performance

The business has a 50 day moving average of $60.34 and a 200-day moving average of $58.82.

Institutional Investors Weigh In On Fidelity Managed Futures ETF

A number of institutional investors and hedge funds have recently bought and sold shares of FFUT. Parallel Advisors LLC purchased a new stake in Fidelity Managed Futures ETF in the first quarter worth $116,000. Maridea Wealth Management LLC purchased a new stake in Fidelity Managed Futures ETF during the 1st quarter valued at $242,000. Finally, Jane Street Group LLC bought a new position in shares of Fidelity Managed Futures ETF during the second quarter valued at $418,000.

About Fidelity Managed Futures ETF

(Get Free Report)

The Fidelity Managed Futures ETF (FFUT) is an exchange-traded fund that trades on the NASDAQ exchange in the United States.

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