Smith Shellnut Wilson LLC ADV lifted its position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 18.0% during the first quarter, HoldingsChannel reports. The institutional investor owned 109,875 shares of the company’s stock after buying an additional 16,768 shares during the quarter. Fidelity MSCI Utilities Index ETF makes up approximately 3.3% of Smith Shellnut Wilson LLC ADV’s investment portfolio, making the stock its 7th largest position. Smith Shellnut Wilson LLC ADV’s holdings in Fidelity MSCI Utilities Index ETF were worth $4,208,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of FUTY. Lindbrook Capital LLC bought a new stake in shares of Fidelity MSCI Utilities Index ETF in the 4th quarter worth $49,000. Canton Hathaway LLC raised its position in shares of Fidelity MSCI Utilities Index ETF by 13.8% during the fourth quarter. Canton Hathaway LLC now owns 3,317 shares of the company’s stock worth $116,000 after purchasing an additional 402 shares during the period. Ellis Investment Partners LLC raised its position in shares of Fidelity MSCI Utilities Index ETF by 3,706.5% during the first quarter. Ellis Investment Partners LLC now owns 288,910 shares of the company’s stock worth $288,000 after purchasing an additional 281,320 shares during the period. Creative Financial Designs Inc. ADV raised its position in shares of Fidelity MSCI Utilities Index ETF by 21.1% during the first quarter. Creative Financial Designs Inc. ADV now owns 12,076 shares of the company’s stock worth $463,000 after purchasing an additional 2,104 shares during the period. Finally, Shamrock Asset Management LLC acquired a new stake in shares of Fidelity MSCI Utilities Index ETF during the first quarter worth $763,000.

Shares of Fidelity MSCI Utilities Index ETF stock traded up $0.51 on Wednesday, reaching $39.51. 1,443 shares of the company were exchanged, compared to its average volume of 203,506. Fidelity MSCI Utilities Index ETF has a fifty-two week low of $32.08 and a fifty-two week high of $40.18.

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Further Reading: Overbought

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:FUTY).

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

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