5,175 Shares in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) Bought by Rikoon Group LLC

Rikoon Group LLC purchased a new position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,175 shares of the company’s stock, valued at approximately $220,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Exchange Capital Management Inc. increased its stake in shares of Fidelity MSCI Utilities Index ETF by 4.0% during the second quarter. Exchange Capital Management Inc. now owns 20,147 shares of the company’s stock valued at $791,000 after buying an additional 766 shares during the period. Brookstone Capital Management purchased a new position in Fidelity MSCI Utilities Index ETF in the third quarter valued at about $3,078,000. Canton Hathaway LLC grew its stake in Fidelity MSCI Utilities Index ETF by 36.5% in the second quarter. Canton Hathaway LLC now owns 11,821 shares of the company’s stock valued at $464,000 after purchasing an additional 3,160 shares during the last quarter. BB&T Securities LLC grew its stake in Fidelity MSCI Utilities Index ETF by 30.4% in the third quarter. BB&T Securities LLC now owns 35,495 shares of the company’s stock valued at $1,505,000 after purchasing an additional 8,269 shares during the last quarter. Finally, Boston Private Wealth LLC purchased a new position in Fidelity MSCI Utilities Index ETF in the second quarter valued at about $1,040,000.

FUTY traded down $0.20 on Friday, hitting $40.49. The company had a trading volume of 396,003 shares, compared to its average volume of 190,257. The stock has a fifty day moving average price of $41.95 and a 200-day moving average price of $40.20. Fidelity MSCI Utilities Index ETF has a 12-month low of $33.43 and a 12-month high of $42.72.

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Institutional Ownership by Quarter for Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

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