Fidelity MSCI Utilities Index ETF $FUTY Shares Bought by Raymond James Financial Inc.

Raymond James Financial Inc. grew its holdings in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 50.5% in the first quarter, according to its most recent filing with the SEC. The firm owned 91,785 shares of the company’s stock after acquiring an additional 30,781 shares during the quarter. Raymond James Financial Inc. owned about 0.27% of Fidelity MSCI Utilities Index ETF worth $4,676,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. AE Wealth Management LLC lifted its holdings in shares of Fidelity MSCI Utilities Index ETF by 14.7% in the first quarter. AE Wealth Management LLC now owns 871,258 shares of the company’s stock valued at $44,391,000 after buying an additional 111,512 shares during the period. Demars Financial Group LLC lifted its holdings in shares of Fidelity MSCI Utilities Index ETF by 5.5% in the first quarter. Demars Financial Group LLC now owns 574,397 shares of the company’s stock valued at $29,266,000 after buying an additional 30,039 shares during the period. LPL Financial LLC lifted its holdings in shares of Fidelity MSCI Utilities Index ETF by 14.9% in the first quarter. LPL Financial LLC now owns 540,311 shares of the company’s stock valued at $27,529,000 after buying an additional 70,212 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of Fidelity MSCI Utilities Index ETF by 13.4% in the first quarter. Commonwealth Equity Services LLC now owns 370,786 shares of the company’s stock valued at $18,892,000 after buying an additional 43,898 shares during the period. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Fidelity MSCI Utilities Index ETF by 2.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 278,540 shares of the company’s stock valued at $14,192,000 after buying an additional 7,970 shares during the period.

Fidelity MSCI Utilities Index ETF Stock Down 0.2%

Shares of Fidelity MSCI Utilities Index ETF stock opened at $53.98 on Friday. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 20.34 and a beta of 0.54. The business has a fifty day simple moving average of $54.35 and a 200-day simple moving average of $52.23. Fidelity MSCI Utilities Index ETF has a fifty-two week low of $45.94 and a fifty-two week high of $56.43.

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.