FLC Capital Advisors Buys 200 Shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

FLC Capital Advisors boosted its holdings in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 2.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,128 shares of the company’s stock after acquiring an additional 200 shares during the quarter. FLC Capital Advisors’ holdings in Fidelity MSCI Utilities Index ETF were worth $421,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Ellis Investment Partners LLC lifted its position in Fidelity MSCI Utilities Index ETF by 3.6% in the 2nd quarter. Ellis Investment Partners LLC now owns 6,991 shares of the company’s stock valued at $307,000 after acquiring an additional 244 shares in the last quarter. PFG Advisors raised its stake in Fidelity MSCI Utilities Index ETF by 5.8% during the 1st quarter. PFG Advisors now owns 5,705 shares of the company’s stock valued at $242,000 after buying an additional 312 shares during the last quarter. American National Bank raised its stake in Fidelity MSCI Utilities Index ETF by 27.8% during the 2nd quarter. American National Bank now owns 1,616 shares of the company’s stock valued at $71,000 after buying an additional 352 shares during the last quarter. Conrad Siegel Investment Advisors Inc. raised its stake in Fidelity MSCI Utilities Index ETF by 0.5% during the 1st quarter. Conrad Siegel Investment Advisors Inc. now owns 75,039 shares of the company’s stock valued at $3,183,000 after buying an additional 391 shares during the last quarter. Finally, CWM LLC raised its stake in Fidelity MSCI Utilities Index ETF by 66.1% during the 2nd quarter. CWM LLC now owns 1,146 shares of the company’s stock valued at $50,000 after buying an additional 456 shares during the last quarter.

Fidelity MSCI Utilities Index ETF Trading Up 2.0 %

Shares of FUTY opened at $52.77 on Thursday. The firm has a market cap of $1.40 billion, a PE ratio of 22.79 and a beta of 0.50. The firm has a fifty day simple moving average of $49.80 and a two-hundred day simple moving average of $46.49. Fidelity MSCI Utilities Index ETF has a 1-year low of $36.68 and a 1-year high of $52.83.

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.