Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) Stock Position Increased by Maltin Wealth Management Inc.

Maltin Wealth Management Inc. boosted its position in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTYFree Report) by 0.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,578 shares of the company’s stock after buying an additional 331 shares during the quarter. Maltin Wealth Management Inc.’s holdings in Fidelity MSCI Utilities Index ETF were worth $2,028,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of FUTY. Wilmington Savings Fund Society FSB bought a new position in shares of Fidelity MSCI Utilities Index ETF during the 3rd quarter valued at about $28,000. BNP Paribas Financial Markets acquired a new stake in Fidelity MSCI Utilities Index ETF during the third quarter valued at approximately $56,000. Glen Eagle Advisors LLC boosted its holdings in Fidelity MSCI Utilities Index ETF by 21.4% during the third quarter. Glen Eagle Advisors LLC now owns 1,604 shares of the company’s stock worth $83,000 after buying an additional 283 shares in the last quarter. JPMorgan Chase & Co. grew its position in Fidelity MSCI Utilities Index ETF by 45.0% in the third quarter. JPMorgan Chase & Co. now owns 3,143 shares of the company’s stock worth $163,000 after buying an additional 975 shares during the last quarter. Finally, Penobscot Wealth Management bought a new position in shares of Fidelity MSCI Utilities Index ETF in the third quarter valued at $220,000.

Fidelity MSCI Utilities Index ETF Stock Performance

Shares of NYSEARCA:FUTY opened at $50.74 on Monday. The company has a market capitalization of $1.34 billion, a PE ratio of 22.79 and a beta of 0.50. The stock has a fifty day moving average of $50.34 and a 200-day moving average of $49.50. Fidelity MSCI Utilities Index ETF has a one year low of $38.17 and a one year high of $53.65.

Fidelity MSCI Utilities Index ETF Profile

(Free Report)

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.

Further Reading

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

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