Beam Wealth Advisors Inc. Has $856,000 Stock Position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Beam Wealth Advisors Inc. trimmed its holdings in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 4.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,555 shares of the company’s stock after selling 897 shares during the period. Beam Wealth Advisors Inc.’s holdings in Fidelity MSCI Utilities Index ETF were worth $856,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Centennial Wealth Advisory LLC raised its position in Fidelity MSCI Utilities Index ETF by 4.4% during the fourth quarter. Centennial Wealth Advisory LLC now owns 6,542 shares of the company’s stock valued at $319,000 after buying an additional 276 shares during the period. Glen Eagle Advisors LLC raised its position in Fidelity MSCI Utilities Index ETF by 21.4% during the third quarter. Glen Eagle Advisors LLC now owns 1,604 shares of the company’s stock valued at $83,000 after buying an additional 283 shares during the period. Global Retirement Partners LLC raised its position in Fidelity MSCI Utilities Index ETF by 12.8% during the fourth quarter. Global Retirement Partners LLC now owns 2,769 shares of the company’s stock valued at $135,000 after buying an additional 315 shares during the period. Maltin Wealth Management Inc. raised its position in Fidelity MSCI Utilities Index ETF by 0.8% during the fourth quarter. Maltin Wealth Management Inc. now owns 41,578 shares of the company’s stock valued at $2,028,000 after buying an additional 331 shares during the period. Finally, GSB Wealth Management LLC raised its position in Fidelity MSCI Utilities Index ETF by 0.8% during the fourth quarter. GSB Wealth Management LLC now owns 51,659 shares of the company’s stock valued at $2,519,000 after buying an additional 424 shares during the period.

Fidelity MSCI Utilities Index ETF Trading Down 2.0 %

NYSEARCA:FUTY opened at $49.04 on Friday. The firm has a market capitalization of $1.61 billion, a price-to-earnings ratio of 21.01 and a beta of 0.65. Fidelity MSCI Utilities Index ETF has a 1-year low of $40.34 and a 1-year high of $53.65. The business’s fifty day moving average price is $50.22 and its 200 day moving average price is $50.53.

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.