Bellwether Advisors LLC Purchases Shares of 30,473 Fidelity MSCI Utilities Index ETF $FUTY

Bellwether Advisors LLC acquired a new stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) in the first quarter, HoldingsChannel reports. The fund acquired 30,473 shares of the company’s stock, valued at approximately $1,800,000.

Several other institutional investors also recently modified their holdings of the company. Bayban bought a new stake in Fidelity MSCI Utilities Index ETF in the fourth quarter valued at approximately $26,000. Elyxium Wealth LLC acquired a new stake in shares of Fidelity MSCI Utilities Index ETF in the fourth quarter valued at approximately $30,000. First Horizon Corp bought a new position in shares of Fidelity MSCI Utilities Index ETF during the 4th quarter worth approximately $42,000. Motiv8 Investments LLC bought a new position in shares of Fidelity MSCI Utilities Index ETF during the 4th quarter worth approximately $75,000. Finally, Global Retirement Partners LLC increased its holdings in shares of Fidelity MSCI Utilities Index ETF by 46.1% during the 4th quarter. Global Retirement Partners LLC now owns 1,723 shares of the company’s stock worth $95,000 after acquiring an additional 544 shares during the last quarter.

Fidelity MSCI Utilities Index ETF Trading Up 0.0%

FUTY stock opened at $57.95 on Wednesday. Fidelity MSCI Utilities Index ETF has a 1-year low of $53.23 and a 1-year high of $61.51. The business’s 50 day simple moving average is $57.94 and its 200 day simple moving average is $58.22. The firm has a market capitalization of $2.35 billion, a PE ratio of 20.34 and a beta of 0.59.

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.