Sunbelt Securities Inc. Buys 3,265 Shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Sunbelt Securities Inc. grew its stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 23.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 17,416 shares of the company’s stock after purchasing an additional 3,265 shares during the period. Sunbelt Securities Inc.’s holdings in Fidelity MSCI Utilities Index ETF were worth $902,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of FUTY. Sweeney & Michel LLC raised its holdings in Fidelity MSCI Utilities Index ETF by 362.6% during the 3rd quarter. Sweeney & Michel LLC now owns 76,080 shares of the company’s stock valued at $3,996,000 after buying an additional 59,633 shares during the period. Primoris Wealth Advisors LLC bought a new position in Fidelity MSCI Utilities Index ETF during the third quarter valued at $2,942,000. Smith Shellnut Wilson LLC ADV raised its stake in shares of Fidelity MSCI Utilities Index ETF by 669.5% in the second quarter. Smith Shellnut Wilson LLC ADV now owns 45,578 shares of the company’s stock valued at $2,004,000 after acquiring an additional 39,655 shares during the period. GSB Wealth Management LLC lifted its holdings in shares of Fidelity MSCI Utilities Index ETF by 228.2% in the 3rd quarter. GSB Wealth Management LLC now owns 51,235 shares of the company’s stock worth $2,655,000 after acquiring an additional 35,623 shares during the last quarter. Finally, D.A. Davidson & CO. purchased a new position in shares of Fidelity MSCI Utilities Index ETF during the 3rd quarter worth about $1,193,000.

Fidelity MSCI Utilities Index ETF Trading Down 0.5 %

Shares of NYSEARCA:FUTY opened at $50.05 on Thursday. Fidelity MSCI Utilities Index ETF has a 12 month low of $38.17 and a 12 month high of $53.65. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of 22.79 and a beta of 0.50. The firm’s 50-day moving average is $51.50 and its 200 day moving average is $48.70.

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.