Sowell Financial Services LLC Buys 74,602 Shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Sowell Financial Services LLC grew its holdings in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 919.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 82,713 shares of the company’s stock after purchasing an additional 74,602 shares during the period. Sowell Financial Services LLC owned approximately 0.30% of Fidelity MSCI Utilities Index ETF worth $3,356,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Prospera Financial Services Inc bought a new stake in Fidelity MSCI Utilities Index ETF during the 3rd quarter worth $42,000. BNP Paribas Arbitrage SA lifted its holdings in Fidelity MSCI Utilities Index ETF by 47.3% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 2,323 shares of the company’s stock worth $88,000 after buying an additional 746 shares during the period. IFP Advisors Inc lifted its holdings in Fidelity MSCI Utilities Index ETF by 64.1% during the 3rd quarter. IFP Advisors Inc now owns 3,625 shares of the company’s stock worth $139,000 after buying an additional 1,416 shares during the period. Creative Financial Designs Inc. ADV lifted its holdings in Fidelity MSCI Utilities Index ETF by 15.1% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 4,946 shares of the company’s stock worth $201,000 after buying an additional 648 shares during the period. Finally, Lynch & Associates IN lifted its holdings in Fidelity MSCI Utilities Index ETF by 5.6% during the 3rd quarter. Lynch & Associates IN now owns 6,062 shares of the company’s stock worth $230,000 after buying an additional 320 shares during the period.

Shares of FUTY opened at $40.64 on Thursday. Fidelity MSCI Utilities Index ETF has a 12 month low of $28.30 and a 12 month high of $46.28. The stock’s 50-day moving average price is $40.33 and its two-hundred day moving average price is $39.39.

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

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