Signature Estate & Investment Advisors LLC raised its position in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Free Report) by 8.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 13,175 shares of the company’s stock after acquiring an additional 1,003 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Fidelity MSCI Utilities Index ETF were worth $693,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in FUTY. AE Wealth Management LLC raised its stake in Fidelity MSCI Utilities Index ETF by 14.7% during the 1st quarter. AE Wealth Management LLC now owns 871,258 shares of the company’s stock valued at $44,391,000 after purchasing an additional 111,512 shares during the period. Arkadios Wealth Advisors raised its stake in Fidelity MSCI Utilities Index ETF by 1,476.0% during the 1st quarter. Arkadios Wealth Advisors now owns 83,354 shares of the company’s stock valued at $4,247,000 after purchasing an additional 78,065 shares during the period. LPL Financial LLC raised its stake in Fidelity MSCI Utilities Index ETF by 14.9% during the 1st quarter. LPL Financial LLC now owns 540,311 shares of the company’s stock valued at $27,529,000 after purchasing an additional 70,212 shares during the period. Grant GrossMendelsohn LLC acquired a new stake in Fidelity MSCI Utilities Index ETF during the 1st quarter valued at $3,124,000. Finally, Sowell Financial Services LLC raised its stake in Fidelity MSCI Utilities Index ETF by 899.0% during the 2nd quarter. Sowell Financial Services LLC now owns 52,017 shares of the company’s stock valued at $2,736,000 after purchasing an additional 46,810 shares during the period.
Fidelity MSCI Utilities Index ETF Stock Down 0.0%
Shares of NYSEARCA:FUTY opened at $59.23 on Tuesday. The company’s fifty day moving average is $56.00 and its two-hundred day moving average is $53.56. Fidelity MSCI Utilities Index ETF has a 12-month low of $45.94 and a 12-month high of $60.56. The company has a market cap of $2.18 billion, a P/E ratio of 20.34 and a beta of 0.54.
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.
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