Fidelity MSCI Utilities Index ETF $FUTY Shares Acquired by Nwam LLC

Nwam LLC grew its holdings in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 424.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 116,370 shares of the company’s stock after purchasing an additional 94,197 shares during the period. Nwam LLC owned approximately 0.29% of Fidelity MSCI Utilities Index ETF worth $6,330,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Bank of America Corp DE lifted its position in shares of Fidelity MSCI Utilities Index ETF by 0.9% in the 1st quarter. Bank of America Corp DE now owns 9,170,828 shares of the company’s stock valued at $541,721,000 after acquiring an additional 77,710 shares in the last quarter. LPL Financial LLC increased its position in Fidelity MSCI Utilities Index ETF by 11.3% in the 4th quarter. LPL Financial LLC now owns 752,838 shares of the company’s stock worth $41,572,000 after purchasing an additional 76,597 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Fidelity MSCI Utilities Index ETF by 1,161.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 643,682 shares of the company’s stock worth $35,544,000 after buying an additional 592,663 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in shares of Fidelity MSCI Utilities Index ETF by 13.7% during the 1st quarter. Kestra Advisory Services LLC now owns 552,635 shares of the company’s stock valued at $32,644,000 after purchasing an additional 66,524 shares in the last quarter. Finally, Orion Porfolio Solutions LLC raised its holdings in shares of Fidelity MSCI Utilities Index ETF by 1,318.8% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 472,118 shares of the company’s stock valued at $24,833,000 after purchasing an additional 438,842 shares in the last quarter.

Fidelity MSCI Utilities Index ETF Trading Down 1.0%

Shares of NYSEARCA:FUTY opened at $54.58 on Tuesday. The stock has a market capitalization of $2.22 billion, a PE ratio of 20.34 and a beta of 0.59. Fidelity MSCI Utilities Index ETF has a 1 year low of $53.23 and a 1 year high of $61.51. The firm has a fifty day moving average price of $57.59 and a 200 day moving average price of $58.45.

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.