LifePlan Investment Advisors Inc. lessened its position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Free Report) by 3.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,936 shares of the company’s stock after selling 1,856 shares during the period. Fidelity MSCI Utilities Index ETF comprises 1.8% of LifePlan Investment Advisors Inc.’s portfolio, making the stock its 21st largest holding. LifePlan Investment Advisors Inc. owned approximately 0.23% of Fidelity MSCI Utilities Index ETF worth $2,923,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of FUTY. Bank of America Corp DE raised its position in shares of Fidelity MSCI Utilities Index ETF by 89.8% in the fourth quarter. Bank of America Corp DE now owns 8,822,859 shares of the company’s stock valued at $430,291,000 after buying an additional 4,175,298 shares during the last quarter. Demars Financial Group LLC increased its position in Fidelity MSCI Utilities Index ETF by 4,647.2% during the fourth quarter. Demars Financial Group LLC now owns 544,358 shares of the company’s stock worth $26,548,000 after purchasing an additional 532,891 shares during the last quarter. Aptus Capital Advisors LLC acquired a new position in Fidelity MSCI Utilities Index ETF during the fourth quarter worth approximately $13,218,000. LPL Financial LLC increased its position in Fidelity MSCI Utilities Index ETF by 56.7% during the fourth quarter. LPL Financial LLC now owns 470,099 shares of the company’s stock worth $22,927,000 after purchasing an additional 170,067 shares during the last quarter. Finally, Apollon Wealth Management LLC acquired a new position in Fidelity MSCI Utilities Index ETF during the fourth quarter worth approximately $5,073,000.
Fidelity MSCI Utilities Index ETF Stock Performance
Shares of FUTY stock opened at $51.75 on Monday. Fidelity MSCI Utilities Index ETF has a one year low of $43.62 and a one year high of $53.65. The company has a 50 day moving average price of $50.27 and a 200 day moving average price of $50.44. The firm has a market capitalization of $1.74 billion, a price-to-earnings ratio of 20.11 and a beta of 0.57.
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.
Recommended Stories
- Five stocks we like better than Fidelity MSCI Utilities Index ETF
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Constellation Powers Up With Reinforced AI Data Center Strategy
- How Can Investors Benefit From After-Hours Trading
- Top Analyst-Rated Healthcare Stocks to Watch Now
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- GlobalFoundries Stock Hits Bottom: Is a Rebound Coming?
Want to see what other hedge funds are holding FUTY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Free Report).
Receive News & Ratings for Fidelity MSCI Utilities Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity MSCI Utilities Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
