Nwam LLC Acquires 1,062 Shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Nwam LLC lifted its holdings in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 5.2% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 21,318 shares of the company’s stock after purchasing an additional 1,062 shares during the period. Nwam LLC owned about 0.08% of Fidelity MSCI Utilities Index ETF worth $1,040,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Stifel Financial Corp lifted its stake in shares of Fidelity MSCI Utilities Index ETF by 97.9% in the 3rd quarter. Stifel Financial Corp now owns 20,181 shares of the company’s stock worth $1,046,000 after purchasing an additional 9,985 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Fidelity MSCI Utilities Index ETF by 45.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,143 shares of the company’s stock worth $163,000 after purchasing an additional 975 shares during the period. BNP Paribas Financial Markets bought a new position in shares of Fidelity MSCI Utilities Index ETF in the 3rd quarter worth approximately $56,000. Beam Wealth Advisors Inc. lifted its stake in shares of Fidelity MSCI Utilities Index ETF by 2.1% in the 3rd quarter. Beam Wealth Advisors Inc. now owns 18,452 shares of the company’s stock worth $956,000 after purchasing an additional 374 shares during the period. Finally, Harbour Investments Inc. lifted its stake in shares of Fidelity MSCI Utilities Index ETF by 3.7% in the 3rd quarter. Harbour Investments Inc. now owns 15,940 shares of the company’s stock worth $826,000 after purchasing an additional 575 shares during the period.

Fidelity MSCI Utilities Index ETF Trading Up 1.5 %

NYSEARCA FUTY opened at $51.15 on Friday. Fidelity MSCI Utilities Index ETF has a 12 month low of $39.36 and a 12 month high of $53.65. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of 21.01 and a beta of 0.65. The company’s 50 day moving average is $50.09 and its two-hundred day moving average is $50.43.

About Fidelity MSCI Utilities Index ETF

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.