Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) Shares Sold by Beck Bode LLC

Beck Bode LLC lowered its stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 4.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,477 shares of the company’s stock after selling 2,583 shares during the period. Beck Bode LLC owned 0.13% of Fidelity MSCI Utilities Index ETF worth $2,389,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. raised its position in shares of Fidelity MSCI Utilities Index ETF by 8.2% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 300,073 shares of the company’s stock valued at $11,379,000 after buying an additional 22,793 shares during the last quarter. LPL Financial LLC raised its holdings in shares of Fidelity MSCI Utilities Index ETF by 13.1% in the 3rd quarter. LPL Financial LLC now owns 274,438 shares of the company’s stock valued at $10,407,000 after purchasing an additional 31,755 shares in the last quarter. Brookstone Capital Management lifted its position in shares of Fidelity MSCI Utilities Index ETF by 42.5% during the 3rd quarter. Brookstone Capital Management now owns 142,630 shares of the company’s stock worth $5,374,000 after buying an additional 42,531 shares during the last quarter. IFG Advisory LLC grew its stake in Fidelity MSCI Utilities Index ETF by 6.1% during the 4th quarter. IFG Advisory LLC now owns 127,370 shares of the company’s stock worth $5,204,000 after buying an additional 7,370 shares during the last quarter. Finally, Estate Counselors LLC grew its holdings in shares of Fidelity MSCI Utilities Index ETF by 148.2% during the fourth quarter. Estate Counselors LLC now owns 101,530 shares of the company’s stock worth $4,149,000 after buying an additional 60,620 shares during the last quarter.

Fidelity MSCI Utilities Index ETF Stock Down 0.6 %

NYSEARCA FUTY traded down $0.24 during trading hours on Tuesday, hitting $43.10. 92,273 shares of the stock were exchanged, compared to its average volume of 273,056. The stock has a 50-day moving average of $41.34 and a 200 day moving average of $40.31. The company has a market cap of $1.16 billion, a price-to-earnings ratio of 21.47 and a beta of 0.55. Fidelity MSCI Utilities Index ETF has a 12-month low of $35.32 and a 12-month high of $44.96.

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.