Kestra Advisory Services LLC Has $32.64 Million Stock Position in Fidelity MSCI Utilities Index ETF $FUTY

Kestra Advisory Services LLC grew its stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 13.7% in the 1st quarter, Holdings Channel reports. The institutional investor owned 552,635 shares of the company’s stock after buying an additional 66,524 shares during the quarter. Kestra Advisory Services LLC’s holdings in Fidelity MSCI Utilities Index ETF were worth $32,644,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in shares of Fidelity MSCI Utilities Index ETF by 3.3% during the third quarter. Bank of America Corp DE now owns 9,084,792 shares of the company’s stock worth $513,018,000 after acquiring an additional 289,161 shares during the period. AE Wealth Management LLC boosted its stake in Fidelity MSCI Utilities Index ETF by 31.6% in the 4th quarter. AE Wealth Management LLC now owns 1,371,364 shares of the company’s stock worth $75,727,000 after purchasing an additional 329,549 shares during the period. LPL Financial LLC increased its holdings in Fidelity MSCI Utilities Index ETF by 11.3% during the 4th quarter. LPL Financial LLC now owns 752,838 shares of the company’s stock worth $41,572,000 after purchasing an additional 76,597 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Fidelity MSCI Utilities Index ETF by 1,161.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 643,682 shares of the company’s stock worth $35,544,000 after purchasing an additional 592,663 shares in the last quarter. Finally, Lido Advisors LLC raised its stake in shares of Fidelity MSCI Utilities Index ETF by 3.8% in the 3rd quarter. Lido Advisors LLC now owns 596,541 shares of the company’s stock valued at $33,687,000 after purchasing an additional 22,028 shares during the period.

Fidelity MSCI Utilities Index ETF Trading Up 0.6%

Shares of Fidelity MSCI Utilities Index ETF stock traded up $0.35 during trading on Friday, reaching $58.53. The stock had a trading volume of 193,682 shares, compared to its average volume of 339,715. The company has a market capitalization of $2.35 billion, a price-to-earnings ratio of 20.34 and a beta of 0.59. The stock has a fifty day moving average price of $58.00 and a two-hundred day moving average price of $58.05. Fidelity MSCI Utilities Index ETF has a 52 week low of $52.46 and a 52 week high of $61.51.

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.