LifePlan Investment Advisors Inc. Decreases Stock Holdings in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

LifePlan Investment Advisors Inc. reduced its holdings in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 3.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 59,936 shares of the company’s stock after selling 1,856 shares during the quarter. Fidelity MSCI Utilities Index ETF accounts for 1.8% of LifePlan Investment Advisors Inc.’s portfolio, making the stock its 21st largest position. LifePlan Investment Advisors Inc.’s holdings in Fidelity MSCI Utilities Index ETF were worth $2,923,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new stake in Fidelity MSCI Utilities Index ETF during the third quarter worth approximately $28,000. Sound Income Strategies LLC purchased a new stake in Fidelity MSCI Utilities Index ETF during the fourth quarter worth approximately $27,000. Rialto Wealth Management LLC purchased a new stake in Fidelity MSCI Utilities Index ETF during the fourth quarter worth approximately $37,000. Tradewinds Capital Management LLC purchased a new stake in Fidelity MSCI Utilities Index ETF during the fourth quarter worth approximately $60,000. Finally, Roxbury Financial LLC purchased a new stake in Fidelity MSCI Utilities Index ETF during the fourth quarter worth approximately $74,000.

Fidelity MSCI Utilities Index ETF Stock Up 0.2%

FUTY opened at $51.75 on Monday. Fidelity MSCI Utilities Index ETF has a 52-week low of $43.62 and a 52-week high of $53.65. The company has a 50 day moving average of $50.27 and a two-hundred day moving average of $50.44. The company has a market cap of $1.74 billion, a P/E ratio of 20.11 and a beta of 0.57.

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.