15,638 Shares in Fidelity MSCI Utilities Index ETF $FUTY Purchased by NorthLanding Financial Partners LLC

NorthLanding Financial Partners LLC acquired a new position in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 15,638 shares of the company’s stock, valued at approximately $914,000. Fidelity MSCI Utilities Index ETF makes up approximately 0.8% of NorthLanding Financial Partners LLC’s holdings, making the stock its 17th largest position.

Several other hedge funds have also recently bought and sold shares of FUTY. Bayban acquired a new position in shares of Fidelity MSCI Utilities Index ETF in the 4th quarter valued at approximately $26,000. Elyxium Wealth LLC acquired a new stake in shares of Fidelity MSCI Utilities Index ETF during the 4th quarter worth approximately $30,000. JNBA Financial Advisors acquired a new stake in shares of Fidelity MSCI Utilities Index ETF during the 2nd quarter worth approximately $31,000. Trust Co. of Vermont bought a new position in Fidelity MSCI Utilities Index ETF in the second quarter valued at approximately $71,000. Finally, Motiv8 Investments LLC bought a new position in Fidelity MSCI Utilities Index ETF in the fourth quarter valued at approximately $75,000.

Fidelity MSCI Utilities Index ETF Price Performance

Shares of FUTY opened at $54.58 on Tuesday. The firm has a 50 day simple moving average of $57.59 and a two-hundred day simple moving average of $58.45. Fidelity MSCI Utilities Index ETF has a one year low of $53.23 and a one year high of $61.51. The company has a market cap of $2.22 billion, a P/E ratio of 20.34 and a beta of 0.59.

Fidelity MSCI Utilities Index ETF 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.