UBS Group AG grew its position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Free Report) by 33.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 97,696 shares of the company’s stock after purchasing an additional 24,536 shares during the period. UBS Group AG’s holdings in Fidelity MSCI Utilities Index ETF were worth $5,395,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in the company. High Point Wealth Management LLC purchased a new stake in shares of Fidelity MSCI Utilities Index ETF in the 4th quarter valued at approximately $1,567,000. Sanctuary Advisors LLC grew its stake in shares of Fidelity MSCI Utilities Index ETF by 71.2% in the 4th quarter. Sanctuary Advisors LLC now owns 9,520 shares of the company’s stock valued at $526,000 after buying an additional 3,959 shares during the period. Live Oak Investment Partners purchased a new stake in shares of Fidelity MSCI Utilities Index ETF in the 4th quarter valued at approximately $269,000. Wealth Alliance Advisory Group LLC purchased a new stake in shares of Fidelity MSCI Utilities Index ETF in the 4th quarter valued at approximately $1,996,000. Finally, Trail Ridge Investment Advisors LLC grew its stake in shares of Fidelity MSCI Utilities Index ETF by 9.4% in the 4th quarter. Trail Ridge Investment Advisors LLC now owns 8,736 shares of the company’s stock valued at $482,000 after buying an additional 748 shares during the period.
Fidelity MSCI Utilities Index ETF Price Performance
Fidelity MSCI Utilities Index ETF stock opened at $58.16 on Friday. The firm has a 50 day simple moving average of $59.07 and a 200-day simple moving average of $57.79. Fidelity MSCI Utilities Index ETF has a 1-year low of $51.05 and a 1-year high of $61.51. The stock has a market cap of $2.37 billion, a price-to-earnings ratio of 20.34 and a beta of 0.62.
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.
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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).
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