Fmr LLC Increases Position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Fmr LLC boosted its holdings in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 29.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 28,864 shares of the company’s stock after purchasing an additional 6,567 shares during the quarter. Fmr LLC’s holdings in Fidelity MSCI Utilities Index ETF were worth $1,496,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of FUTY. Cetera Advisors LLC bought a new position in Fidelity MSCI Utilities Index ETF during the first quarter valued at approximately $209,000. CWM LLC lifted its position in Fidelity MSCI Utilities Index ETF by 66.1% during the second quarter. CWM LLC now owns 1,146 shares of the company’s stock valued at $50,000 after purchasing an additional 456 shares during the period. Atria Wealth Solutions Inc. lifted its position in Fidelity MSCI Utilities Index ETF by 30.0% during the second quarter. Atria Wealth Solutions Inc. now owns 31,669 shares of the company’s stock valued at $1,392,000 after purchasing an additional 7,312 shares during the period. American National Bank raised its position in Fidelity MSCI Utilities Index ETF by 27.8% in the second quarter. American National Bank now owns 1,616 shares of the company’s stock worth $71,000 after acquiring an additional 352 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in Fidelity MSCI Utilities Index ETF in the second quarter worth approximately $200,000.

Fidelity MSCI Utilities Index ETF Trading Down 0.0 %

FUTY opened at $49.99 on Monday. Fidelity MSCI Utilities Index ETF has a 1-year low of $38.17 and a 1-year high of $53.65. The company has a market capitalization of $1.32 billion, a PE ratio of 22.79 and a beta of 0.50. The firm’s 50 day simple moving average is $51.42 and its two-hundred day simple moving average is $48.78.

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.