Vicus Capital Buys 1,645 Shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Vicus Capital lifted its stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 25.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,001 shares of the company’s stock after acquiring an additional 1,645 shares during the quarter. Vicus Capital’s holdings in Fidelity MSCI Utilities Index ETF were worth $408,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Versant Capital Management Inc bought a new position in Fidelity MSCI Utilities Index ETF in the first quarter valued at approximately $27,000. Rialto Wealth Management LLC bought a new stake in shares of Fidelity MSCI Utilities Index ETF during the 4th quarter worth approximately $37,000. Tradewinds Capital Management LLC acquired a new stake in shares of Fidelity MSCI Utilities Index ETF in the 4th quarter valued at approximately $60,000. Global Retirement Partners LLC boosted its holdings in shares of Fidelity MSCI Utilities Index ETF by 12.8% in the 4th quarter. Global Retirement Partners LLC now owns 2,769 shares of the company’s stock valued at $135,000 after buying an additional 315 shares during the last quarter. Finally, CX Institutional bought a new position in shares of Fidelity MSCI Utilities Index ETF in the first quarter valued at $188,000.

Fidelity MSCI Utilities Index ETF Trading Down 0.7%

Shares of FUTY opened at $51.89 on Wednesday. The company’s fifty day simple moving average is $51.52 and its 200 day simple moving average is $50.62. Fidelity MSCI Utilities Index ETF has a 1-year low of $43.62 and a 1-year high of $53.65. The company has a market cap of $1.80 billion, a price-to-earnings ratio of 20.47 and a beta of 0.60.

Fidelity MSCI Utilities Index ETF Company 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.