Thrivent Financial for Lutherans Purchases New Position in Fidelity MSCI Utilities Index ETF $FUTY

Thrivent Financial for Lutherans acquired a new position in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 46,603 shares of the company’s stock, valued at approximately $2,632,000.

Other institutional investors also recently added to or reduced their stakes in the company. Briaud Financial Planning Inc purchased a new position in shares of Fidelity MSCI Utilities Index ETF during the second quarter worth approximately $30,000. IMG Wealth Management Inc. purchased a new stake in shares of Fidelity MSCI Utilities Index ETF in the second quarter valued at about $34,000. Eastern Bank purchased a new stake in shares of Fidelity MSCI Utilities Index ETF in the second quarter valued at about $70,000. Centaurus Financial Inc. acquired a new stake in shares of Fidelity MSCI Utilities Index ETF during the second quarter worth about $108,000. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of Fidelity MSCI Utilities Index ETF during the second quarter worth about $147,000.

Fidelity MSCI Utilities Index ETF Stock Up 0.3%

Shares of FUTY stock opened at $56.30 on Tuesday. The stock’s 50-day moving average price is $55.68 and its 200 day moving average price is $56.21. The stock has a market capitalization of $2.23 billion, a PE ratio of 20.34 and a beta of 0.61. Fidelity MSCI Utilities Index ETF has a 52-week low of $45.94 and a 52-week high of $60.56.

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.