IFG Advisory LLC Acquires 1,843 Shares of Fidelity MSCI Utilities Index ETF $FUTY

IFG Advisory LLC increased its holdings in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 1.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 149,700 shares of the company’s stock after acquiring an additional 1,843 shares during the period. IFG Advisory LLC’s holdings in Fidelity MSCI Utilities Index ETF were worth $7,874,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. D.A. Davidson & CO. bought a new stake in Fidelity MSCI Utilities Index ETF during the 1st quarter worth about $201,000. American National Bank & Trust increased its position in shares of Fidelity MSCI Utilities Index ETF by 10.6% in the second quarter. American National Bank & Trust now owns 11,134 shares of the company’s stock valued at $586,000 after acquiring an additional 1,070 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of Fidelity MSCI Utilities Index ETF by 50.5% in the first quarter. Raymond James Financial Inc. now owns 91,785 shares of the company’s stock valued at $4,676,000 after acquiring an additional 30,781 shares during the last quarter. Atria Wealth Solutions Inc. grew its stake in Fidelity MSCI Utilities Index ETF by 6.2% in the first quarter. Atria Wealth Solutions Inc. now owns 19,035 shares of the company’s stock valued at $970,000 after purchasing an additional 1,112 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in Fidelity MSCI Utilities Index ETF by 13.4% in the first quarter. Cetera Investment Advisers now owns 39,592 shares of the company’s stock valued at $2,017,000 after purchasing an additional 4,679 shares in the last quarter.

Fidelity MSCI Utilities Index ETF Stock Down 0.4%

FUTY stock opened at $57.96 on Friday. The company has a market cap of $2.17 billion, a price-to-earnings ratio of 20.34 and a beta of 0.61. Fidelity MSCI Utilities Index ETF has a twelve month low of $45.94 and a twelve month high of $60.56. The business has a 50 day moving average price of $56.50 and a two-hundred day moving average price of $54.09.

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.