Accel Wealth Management Has $353,000 Position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Accel Wealth Management lessened its stake in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 9.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,632 shares of the company’s stock after selling 876 shares during the period. Accel Wealth Management’s holdings in Fidelity MSCI Utilities Index ETF were worth $353,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of FUTY. Trail Ridge Investment Advisors LLC increased its stake in Fidelity MSCI Utilities Index ETF by 3.0% during the 2nd quarter. Trail Ridge Investment Advisors LLC now owns 9,743 shares of the company’s stock valued at $412,000 after purchasing an additional 280 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in Fidelity MSCI Utilities Index ETF by 4.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 7,241 shares of the company’s stock valued at $327,000 after purchasing an additional 332 shares in the last quarter. Lynch & Associates IN increased its stake in Fidelity MSCI Utilities Index ETF by 4.4% during the 3rd quarter. Lynch & Associates IN now owns 9,222 shares of the company’s stock valued at $350,000 after purchasing an additional 392 shares in the last quarter. Global Wealth Management Investment Advisory Inc. increased its stake in Fidelity MSCI Utilities Index ETF by 56.4% during the 1st quarter. Global Wealth Management Investment Advisory Inc. now owns 1,250 shares of the company’s stock valued at $60,000 after purchasing an additional 451 shares in the last quarter. Finally, Private Advisor Group LLC increased its stake in Fidelity MSCI Utilities Index ETF by 3.8% during the 3rd quarter. Private Advisor Group LLC now owns 16,462 shares of the company’s stock valued at $624,000 after purchasing an additional 607 shares in the last quarter.

Fidelity MSCI Utilities Index ETF Stock Up 0.8 %

FUTY stock traded up $0.35 during midday trading on Thursday, reaching $42.42. 106,092 shares of the company’s stock traded hands, compared to its average volume of 330,542. Fidelity MSCI Utilities Index ETF has a 52 week low of $35.32 and a 52 week high of $45.38. The company has a market cap of $1.87 billion, a price-to-earnings ratio of 24.22 and a beta of 0.54. The firm’s fifty day moving average price is $40.00 and its 200-day moving average price is $39.81.

Fidelity MSCI Utilities Index ETF Company 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.