Beck Bode LLC Sells 5,534 Shares of Fidelity MSCI Utilities Index ETF $FUTY

Beck Bode LLC lowered its stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 35.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,946 shares of the company’s stock after selling 5,534 shares during the period. Beck Bode LLC’s holdings in Fidelity MSCI Utilities Index ETF were worth $523,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. AGF Management Ltd. raised its stake in shares of Fidelity MSCI Utilities Index ETF by 9.1% in the 2nd quarter. AGF Management Ltd. now owns 94,719 shares of the company’s stock valued at $4,982,000 after acquiring an additional 7,900 shares in the last quarter. Maltin Wealth Management Inc. grew its holdings in Fidelity MSCI Utilities Index ETF by 4.0% during the second quarter. Maltin Wealth Management Inc. now owns 46,378 shares of the company’s stock valued at $2,440,000 after purchasing an additional 1,787 shares during the last quarter. Aspetuck Financial Management LLC acquired a new position in Fidelity MSCI Utilities Index ETF during the second quarter valued at approximately $236,000. Stone House Investment Management LLC bought a new position in shares of Fidelity MSCI Utilities Index ETF in the second quarter valued at approximately $253,000. Finally, Smith Shellnut Wilson LLC ADV raised its position in shares of Fidelity MSCI Utilities Index ETF by 2.8% in the second quarter. Smith Shellnut Wilson LLC ADV now owns 24,210 shares of the company’s stock valued at $1,273,000 after purchasing an additional 670 shares during the period.

Fidelity MSCI Utilities Index ETF Trading Up 0.1%

NYSEARCA FUTY opened at $57.98 on Wednesday. The company has a fifty day simple moving average of $56.95 and a 200 day simple moving average of $54.56. The company has a market cap of $2.17 billion, a P/E ratio of 20.34 and a beta of 0.61. Fidelity MSCI Utilities Index ETF has a 1 year low of $45.94 and a 1 year high of $60.56.

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.