8,974 Shares in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) Acquired by Callan Capital LLC

Callan Capital LLC purchased a new stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 8,974 shares of the company’s stock, valued at approximately $367,000.

Several other large investors have also modified their holdings of the stock. Estate Counselors LLC increased its stake in Fidelity MSCI Utilities Index ETF by 148.2% in the 4th quarter. Estate Counselors LLC now owns 101,530 shares of the company’s stock worth $4,149,000 after purchasing an additional 60,620 shares in the last quarter. Dynamic Advisor Solutions LLC raised its holdings in shares of Fidelity MSCI Utilities Index ETF by 348.6% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 65,427 shares of the company’s stock valued at $2,715,000 after acquiring an additional 50,841 shares during the period. Benchmark Financial Wealth Advisors LLC purchased a new stake in shares of Fidelity MSCI Utilities Index ETF in the 4th quarter valued at approximately $1,775,000. Brookstone Capital Management boosted its stake in Fidelity MSCI Utilities Index ETF by 42.5% in the 3rd quarter. Brookstone Capital Management now owns 142,630 shares of the company’s stock worth $5,374,000 after purchasing an additional 42,531 shares during the period. Finally, International Assets Investment Management LLC acquired a new stake in Fidelity MSCI Utilities Index ETF during the 4th quarter valued at $1,694,000.

Fidelity MSCI Utilities Index ETF Stock Down 1.1 %

Shares of Fidelity MSCI Utilities Index ETF stock traded down $0.47 during midday trading on Friday, hitting $42.69. The company’s stock had a trading volume of 86,795 shares, compared to its average volume of 277,545. Fidelity MSCI Utilities Index ETF has a 1-year low of $35.32 and a 1-year high of $44.96. The firm has a market capitalization of $1.15 billion, a P/E ratio of 21.47 and a beta of 0.55. The stock has a 50-day simple moving average of $41.20 and a 200-day simple moving average of $40.20.

About Fidelity MSCI Utilities Index ETF

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.