Arkadios Wealth Advisors Raises Stock Position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Arkadios Wealth Advisors grew its holdings in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 18.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,275 shares of the company’s stock after purchasing an additional 980 shares during the quarter. Arkadios Wealth Advisors’ holdings in Fidelity MSCI Utilities Index ETF were worth $276,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. PFG Advisors boosted its position in Fidelity MSCI Utilities Index ETF by 5.8% in the 1st quarter. PFG Advisors now owns 5,705 shares of the company’s stock valued at $242,000 after buying an additional 312 shares during the period. American National Bank grew its stake in Fidelity MSCI Utilities Index ETF by 27.8% during the 2nd quarter. American National Bank now owns 1,616 shares of the company’s stock worth $71,000 after purchasing an additional 352 shares in the last quarter. Conrad Siegel Investment Advisors Inc. increased its holdings in Fidelity MSCI Utilities Index ETF by 0.5% during the 1st quarter. Conrad Siegel Investment Advisors Inc. now owns 75,039 shares of the company’s stock worth $3,183,000 after purchasing an additional 391 shares during the period. CWM LLC raised its position in Fidelity MSCI Utilities Index ETF by 66.1% in the 2nd quarter. CWM LLC now owns 1,146 shares of the company’s stock valued at $50,000 after purchasing an additional 456 shares in the last quarter. Finally, Harbour Investments Inc. boosted its stake in shares of Fidelity MSCI Utilities Index ETF by 3.4% in the 2nd quarter. Harbour Investments Inc. now owns 15,365 shares of the company’s stock valued at $675,000 after buying an additional 501 shares during the period.

Fidelity MSCI Utilities Index ETF Stock Performance

Shares of Fidelity MSCI Utilities Index ETF stock opened at $49.17 on Friday. The business has a 50-day simple moving average of $46.38 and a 200-day simple moving average of $44.14. The company has a market cap of $1.30 billion, a PE ratio of 22.79 and a beta of 0.50. Fidelity MSCI Utilities Index ETF has a one year low of $35.32 and a one year high of $49.19.

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.