Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) Shares Sold by Essex Financial Services Inc.

Essex Financial Services Inc. lowered its stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 5.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,263 shares of the company’s stock after selling 310 shares during the period. Essex Financial Services Inc.’s holdings in Fidelity MSCI Utilities Index ETF were worth $257,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB raised its position in shares of Fidelity MSCI Utilities Index ETF by 167.8% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 1,462 shares of the company’s stock worth $71,000 after acquiring an additional 916 shares in the last quarter. Kingsview Wealth Management LLC raised its position in shares of Fidelity MSCI Utilities Index ETF by 7.3% during the 4th quarter. Kingsview Wealth Management LLC now owns 6,784 shares of the company’s stock worth $331,000 after acquiring an additional 459 shares in the last quarter. Apollon Wealth Management LLC acquired a new stake in shares of Fidelity MSCI Utilities Index ETF during the 4th quarter worth about $5,073,000. Prairie Wealth Advisors Inc. raised its position in shares of Fidelity MSCI Utilities Index ETF by 8.9% during the 4th quarter. Prairie Wealth Advisors Inc. now owns 15,649 shares of the company’s stock worth $763,000 after acquiring an additional 1,275 shares in the last quarter. Finally, Centennial Wealth Advisory LLC raised its position in shares of Fidelity MSCI Utilities Index ETF by 4.4% during the 4th quarter. Centennial Wealth Advisory LLC now owns 6,542 shares of the company’s stock worth $319,000 after acquiring an additional 276 shares in the last quarter.

Fidelity MSCI Utilities Index ETF Stock Performance

Shares of NYSEARCA FUTY opened at $51.18 on Friday. Fidelity MSCI Utilities Index ETF has a fifty-two week low of $38.60 and a fifty-two week high of $53.65. The firm has a market capitalization of $1.35 billion, a PE ratio of 22.79 and a beta of 0.50. The stock’s 50-day simple moving average is $49.81 and its 200-day simple moving average is $50.13.

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.