Fidelity MSCI Utilities Index ETF $FUTY Stock Position Decreased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. decreased its holdings in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 2.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 101,584 shares of the company’s stock after selling 2,989 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Fidelity MSCI Utilities Index ETF were worth $5,343,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of FUTY. Nwam LLC boosted its stake in Fidelity MSCI Utilities Index ETF by 1.0% in the first quarter. Nwam LLC now owns 21,539 shares of the company’s stock valued at $1,097,000 after acquiring an additional 221 shares during the period. Heck Capital Advisors LLC lifted its holdings in shares of Fidelity MSCI Utilities Index ETF by 0.9% in the 2nd quarter. Heck Capital Advisors LLC now owns 27,940 shares of the company’s stock worth $1,470,000 after purchasing an additional 244 shares during the last quarter. Lynch & Associates IN boosted its position in Fidelity MSCI Utilities Index ETF by 2.0% during the 2nd quarter. Lynch & Associates IN now owns 13,605 shares of the company’s stock valued at $716,000 after purchasing an additional 262 shares during the period. Ameritas Advisory Services LLC boosted its position in Fidelity MSCI Utilities Index ETF by 1.3% during the 2nd quarter. Ameritas Advisory Services LLC now owns 21,706 shares of the company’s stock valued at $1,142,000 after purchasing an additional 285 shares during the period. Finally, GSB Wealth Management LLC grew its stake in Fidelity MSCI Utilities Index ETF by 0.6% during the 2nd quarter. GSB Wealth Management LLC now owns 54,636 shares of the company’s stock worth $2,874,000 after buying an additional 335 shares during the last quarter.

Fidelity MSCI Utilities Index ETF Price Performance

Shares of NYSEARCA FUTY opened at $58.08 on Thursday. The firm has a market capitalization of $2.17 billion, a PE ratio of 20.34 and a beta of 0.61. Fidelity MSCI Utilities Index ETF has a 1-year low of $45.94 and a 1-year high of $60.56. The business’s fifty day moving average price is $57.03 and its two-hundred day moving average price is $54.58.

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.