Kestra Advisory Services LLC lessened its holdings in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Free Report) by 13.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 475,112 shares of the company’s stock after selling 74,657 shares during the period. Kestra Advisory Services LLC owned 1.28% of Fidelity MSCI Utilities Index ETF worth $24,254,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Live Oak Investment Partners raised its holdings in shares of Fidelity MSCI Utilities Index ETF by 4.6% in the third quarter. Live Oak Investment Partners now owns 5,126 shares of the company’s stock valued at $262,000 after buying an additional 224 shares during the last quarter. D.A. Davidson & CO. grew its holdings in Fidelity MSCI Utilities Index ETF by 4.5% during the 1st quarter. D.A. Davidson & CO. now owns 5,400 shares of the company’s stock worth $319,000 after acquiring an additional 233 shares during the last quarter. Valmark Advisers Inc. increased its position in Fidelity MSCI Utilities Index ETF by 0.3% in the 1st quarter. Valmark Advisers Inc. now owns 91,376 shares of the company’s stock valued at $5,398,000 after acquiring an additional 241 shares in the last quarter. Graham Capital Wealth Management LLC increased its position in Fidelity MSCI Utilities Index ETF by 5.6% in the 3rd quarter. Graham Capital Wealth Management LLC now owns 4,964 shares of the company’s stock valued at $253,000 after acquiring an additional 263 shares in the last quarter. Finally, Roxbury Financial LLC lifted its position in shares of Fidelity MSCI Utilities Index ETF by 25.6% during the third quarter. Roxbury Financial LLC now owns 2,029 shares of the company’s stock worth $104,000 after purchasing an additional 413 shares in the last quarter.
Fidelity MSCI Utilities Index ETF Price Performance
FUTY opened at $55.66 on Friday. Fidelity MSCI Utilities Index ETF has a one year low of $50.53 and a one year high of $61.51. The company’s 50 day simple moving average is $53.94 and its 200-day simple moving average is $57.16. The stock has a market capitalization of $2.06 billion, a P/E ratio of 20.34 and a beta of 0.55.
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.
Featured Stories
- Five stocks we like better than Fidelity MSCI Utilities Index ETF
- Dutch Bros Gave Wall Street What It Wanted, So Why Did the Stock Crater?
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
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.
