HighTower Advisors LLC Purchases 19,292 Shares of Fidelity MSCI Utilities Index ETF $FUTY

HighTower Advisors LLC boosted its position in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTYFree Report) by 11.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 181,677 shares of the company’s stock after buying an additional 19,292 shares during the quarter. HighTower Advisors LLC’s holdings in Fidelity MSCI Utilities Index ETF were worth $10,259,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. D.A. Davidson & CO. grew its position in shares of Fidelity MSCI Utilities Index ETF by 9.2% during the 2nd quarter. D.A. Davidson & CO. now owns 4,308 shares of the company’s stock worth $227,000 after buying an additional 362 shares during the period. Strategic Blueprint LLC bought a new position in Fidelity MSCI Utilities Index ETF in the second quarter valued at approximately $470,000. Glass Jacobson Investment Advisors llc grew its holdings in Fidelity MSCI Utilities Index ETF by 4.8% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 13,247 shares of the company’s stock worth $697,000 after acquiring an additional 608 shares during the period. Rossby Financial LCC bought a new stake in shares of Fidelity MSCI Utilities Index ETF during the 2nd quarter valued at $283,000. Finally, Purkiss Capital Advisors LLC bought a new stake in shares of Fidelity MSCI Utilities Index ETF during the 2nd quarter valued at $213,000.

Fidelity MSCI Utilities Index ETF Stock Up 0.5%

NYSEARCA:FUTY opened at $59.80 on Friday. Fidelity MSCI Utilities Index ETF has a 12-month low of $45.94 and a 12-month high of $60.66. The stock’s fifty day simple moving average is $56.24 and its 200-day simple moving average is $56.45. The firm has a market capitalization of $2.37 billion, a P/E ratio of 20.34 and a beta of 0.61.

Fidelity MSCI Utilities Index ETF Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding FUTY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTYFree Report).

Institutional Ownership by Quarter for Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Receive News & Ratings for Fidelity MSCI Utilities Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity MSCI Utilities Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.