VCI Wealth Management LLC Acquires Shares of 6,073 Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

VCI Wealth Management LLC purchased a new position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 6,073 shares of the company’s stock, valued at approximately $248,000.

Several other large investors have also recently modified their holdings of FUTY. CWM LLC bought a new stake in Fidelity MSCI Utilities Index ETF in the 3rd quarter worth about $26,000. Galvin Gaustad & Stein LLC bought a new stake in shares of Fidelity MSCI Utilities Index ETF during the 3rd quarter valued at about $232,000. Conrad Siegel Investment Advisors Inc. grew its stake in shares of Fidelity MSCI Utilities Index ETF by 23.9% during the 3rd quarter. Conrad Siegel Investment Advisors Inc. now owns 65,008 shares of the company’s stock valued at $2,465,000 after purchasing an additional 12,534 shares during the period. Brookstone Capital Management grew its stake in shares of Fidelity MSCI Utilities Index ETF by 42.5% during the 3rd quarter. Brookstone Capital Management now owns 142,630 shares of the company’s stock valued at $5,374,000 after purchasing an additional 42,531 shares during the period. Finally, Cambridge Investment Research Advisors Inc. grew its stake in shares of Fidelity MSCI Utilities Index ETF by 8.2% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 300,073 shares of the company’s stock valued at $11,379,000 after purchasing an additional 22,793 shares during the period.

Fidelity MSCI Utilities Index ETF Stock Down 1.1 %

Shares of Fidelity MSCI Utilities Index ETF stock traded down $0.47 during trading hours on Friday, reaching $42.69. 86,795 shares of the stock traded hands, compared to its average volume of 277,545. The company has a 50 day moving average price of $41.20 and a 200 day moving average price of $40.20. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 21.47 and a beta of 0.55. Fidelity MSCI Utilities Index ETF has a one year low of $35.32 and a one year high of $44.96.

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.