Wilmington Savings Fund Society FSB Acquires New Stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Wilmington Savings Fund Society FSB acquired a new position in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 546 shares of the company’s stock, valued at approximately $28,000.

Several other hedge funds also recently made changes to their positions in the company. FLC Capital Advisors boosted its stake in shares of Fidelity MSCI Utilities Index ETF by 2.5% in the third quarter. FLC Capital Advisors now owns 8,128 shares of the company’s stock valued at $421,000 after buying an additional 200 shares in the last quarter. Ellis Investment Partners LLC boosted its position in shares of Fidelity MSCI Utilities Index ETF by 3.2% during the 3rd quarter. Ellis Investment Partners LLC now owns 7,213 shares of the company’s stock worth $374,000 after purchasing an additional 222 shares in the last quarter. Trail Ridge Investment Advisors LLC boosted its position in shares of Fidelity MSCI Utilities Index ETF by 2.3% during the 3rd quarter. Trail Ridge Investment Advisors LLC now owns 10,357 shares of the company’s stock worth $545,000 after purchasing an additional 233 shares in the last quarter. Glen Eagle Advisors LLC grew its stake in shares of Fidelity MSCI Utilities Index ETF by 21.4% during the 3rd quarter. Glen Eagle Advisors LLC now owns 1,604 shares of the company’s stock worth $83,000 after purchasing an additional 283 shares during the period. Finally, Beam Wealth Advisors Inc. increased its holdings in shares of Fidelity MSCI Utilities Index ETF by 2.1% in the 3rd quarter. Beam Wealth Advisors Inc. now owns 18,452 shares of the company’s stock valued at $956,000 after purchasing an additional 374 shares in the last quarter.

Fidelity MSCI Utilities Index ETF Trading Up 0.4 %

FUTY stock opened at $48.98 on Tuesday. The company’s 50-day moving average price is $51.18 and its 200 day moving average price is $48.90. Fidelity MSCI Utilities Index ETF has a 52 week low of $38.17 and a 52 week high of $53.65. The company has a market cap of $1.30 billion, a P/E ratio of 22.79 and a beta of 0.50.

Fidelity MSCI Utilities Index ETF 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.