Prairie Wealth Advisors Inc. Increases Stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Prairie Wealth Advisors Inc. grew its holdings in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 8.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,649 shares of the company’s stock after purchasing an additional 1,275 shares during the period. Prairie Wealth Advisors Inc. owned about 0.06% of Fidelity MSCI Utilities Index ETF worth $763,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB purchased a new stake in Fidelity MSCI Utilities Index ETF during the third quarter valued at approximately $28,000. Sound Income Strategies LLC purchased a new stake in Fidelity MSCI Utilities Index ETF in the 4th quarter worth $27,000. BNP Paribas Financial Markets bought a new position in Fidelity MSCI Utilities Index ETF during the third quarter valued at approximately $56,000. Glen Eagle Advisors LLC boosted its position in shares of Fidelity MSCI Utilities Index ETF by 21.4% during the 3rd quarter. Glen Eagle Advisors LLC now owns 1,604 shares of the company’s stock valued at $83,000 after acquiring an additional 283 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in Fidelity MSCI Utilities Index ETF by 45.0% during the third quarter. JPMorgan Chase & Co. now owns 3,143 shares of the company’s stock valued at $163,000 after purchasing an additional 975 shares during the last quarter.

Fidelity MSCI Utilities Index ETF Price Performance

Shares of FUTY stock opened at $50.50 on Friday. The company has a market cap of $1.34 billion, a PE ratio of 22.79 and a beta of 0.50. The stock’s 50 day simple moving average is $49.92 and its two-hundred day simple moving average is $49.96. Fidelity MSCI Utilities Index ETF has a 1 year low of $38.17 and a 1 year high of $53.65.

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.