NorthLanding Financial Partners LLC bought a new stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 15,638 shares of the company’s stock, valued at approximately $914,000. Fidelity MSCI Utilities Index ETF makes up 0.8% of NorthLanding Financial Partners LLC’s holdings, making the stock its 17th largest position.
Other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its stake in shares of Fidelity MSCI Utilities Index ETF by 0.9% during the first quarter. Bank of America Corp DE now owns 9,170,828 shares of the company’s stock worth $541,721,000 after buying an additional 77,710 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Fidelity MSCI Utilities Index ETF by 11.3% in the 4th quarter. LPL Financial LLC now owns 752,838 shares of the company’s stock valued at $41,572,000 after acquiring an additional 76,597 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Fidelity MSCI Utilities Index ETF by 1,161.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 643,682 shares of the company’s stock valued at $35,544,000 after acquiring an additional 592,663 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in shares of Fidelity MSCI Utilities Index ETF by 13.7% during the 1st quarter. Kestra Advisory Services LLC now owns 552,635 shares of the company’s stock valued at $32,644,000 after acquiring an additional 66,524 shares in the last quarter. Finally, Orion Porfolio Solutions LLC boosted its holdings in shares of Fidelity MSCI Utilities Index ETF by 1,318.8% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 472,118 shares of the company’s stock valued at $24,833,000 after acquiring an additional 438,842 shares in the last quarter.
Fidelity MSCI Utilities Index ETF Stock Down 1.0%
Shares of FUTY stock opened at $54.58 on Tuesday. The firm has a market capitalization of $2.22 billion, a P/E ratio of 20.34 and a beta of 0.59. Fidelity MSCI Utilities Index ETF has a twelve month low of $53.23 and a twelve month high of $61.51. The stock’s fifty day simple moving average is $57.59 and its 200 day simple moving average is $58.45.
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.
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