Avantax Advisory Services Inc. lessened its holdings in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Free Report) by 1.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,136 shares of the company’s stock after selling 741 shares during the quarter. Avantax Advisory Services Inc. owned approximately 0.16% of Fidelity MSCI Utilities Index ETF worth $2,104,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in FUTY. Nwam LLC bought a new position in Fidelity MSCI Utilities Index ETF in the 3rd quarter valued at approximately $1,050,000. D.A. Davidson & CO. bought a new position in Fidelity MSCI Utilities Index ETF in the 3rd quarter valued at approximately $1,193,000. FMR LLC raised its holdings in Fidelity MSCI Utilities Index ETF by 29.5% in the 3rd quarter. FMR LLC now owns 28,864 shares of the company’s stock valued at $1,496,000 after buying an additional 6,567 shares during the last quarter. BNP Paribas Financial Markets bought a new position in Fidelity MSCI Utilities Index ETF in the 3rd quarter valued at approximately $56,000. Finally, HighTower Advisors LLC raised its holdings in Fidelity MSCI Utilities Index ETF by 1.1% in the 3rd quarter. HighTower Advisors LLC now owns 208,720 shares of the company’s stock valued at $10,791,000 after buying an additional 2,307 shares during the last quarter.
Fidelity MSCI Utilities Index ETF Stock Performance
NYSEARCA:FUTY opened at $50.96 on Monday. The company has a market capitalization of $1.67 billion, a PE ratio of 20.26 and a beta of 0.62. The company has a 50 day simple moving average of $50.37 and a two-hundred day simple moving average of $50.62. Fidelity MSCI Utilities Index ETF has a fifty-two week low of $40.34 and a fifty-two week 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.
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