Janney Montgomery Scott LLC increased its holdings in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Free Report) by 21.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,279 shares of the company’s stock after acquiring an additional 1,089 shares during the period. Janney Montgomery Scott LLC’s holdings in Fidelity MSCI Utilities Index ETF were worth $265,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. grew its position in Fidelity MSCI Utilities Index ETF by 68.4% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 9,956 shares of the company’s stock worth $477,000 after buying an additional 4,044 shares during the period. Private Advisor Group LLC acquired a new stake in shares of Fidelity MSCI Utilities Index ETF in the 1st quarter worth approximately $750,000. NewEdge Advisors LLC increased its stake in Fidelity MSCI Utilities Index ETF by 195.5% in the 1st quarter. NewEdge Advisors LLC now owns 80,972 shares of the company’s stock valued at $3,880,000 after purchasing an additional 53,568 shares in the last quarter. Mariner LLC raised its holdings in Fidelity MSCI Utilities Index ETF by 8.4% during the first quarter. Mariner LLC now owns 31,123 shares of the company’s stock worth $1,491,000 after purchasing an additional 2,423 shares during the last quarter. Finally, Jaffetilchin Investment Partners LLC boosted its position in Fidelity MSCI Utilities Index ETF by 14.0% during the first quarter. Jaffetilchin Investment Partners LLC now owns 17,641 shares of the company’s stock worth $800,000 after purchasing an additional 2,163 shares in the last quarter.
Fidelity MSCI Utilities Index ETF Stock Up 0.7 %
NYSEARCA:FUTY opened at $39.75 on Friday. Fidelity MSCI Utilities Index ETF has a 52-week low of $35.32 and a 52-week high of $47.69. The stock has a fifty day simple moving average of $39.09 and a 200-day simple moving average of $41.51. The company has a market capitalization of $1.75 billion, a PE ratio of 24.22 and a beta of 0.54.
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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