Aspetuck Financial Management LLC Buys New Position in Fidelity MSCI Utilities Index ETF $FUTY

Aspetuck Financial Management LLC purchased a new position in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 4,485 shares of the company’s stock, valued at approximately $236,000.

Several other large investors also recently bought and sold shares of the company. Nwam LLC raised its stake in shares of Fidelity MSCI Utilities Index ETF by 1.0% during the first quarter. Nwam LLC now owns 21,539 shares of the company’s stock valued at $1,097,000 after purchasing an additional 221 shares during the period. Heck Capital Advisors LLC grew its holdings in Fidelity MSCI Utilities Index ETF by 0.9% during the 2nd quarter. Heck Capital Advisors LLC now owns 27,940 shares of the company’s stock valued at $1,470,000 after purchasing an additional 244 shares in the last quarter. Lynch & Associates IN increased its stake in Fidelity MSCI Utilities Index ETF by 2.0% during the 2nd quarter. Lynch & Associates IN now owns 13,605 shares of the company’s stock worth $716,000 after buying an additional 262 shares during the period. Ameritas Advisory Services LLC lifted its holdings in Fidelity MSCI Utilities Index ETF by 1.3% in the 2nd quarter. Ameritas Advisory Services LLC now owns 21,706 shares of the company’s stock worth $1,142,000 after buying an additional 285 shares in the last quarter. Finally, Prairie Wealth Advisors Inc. lifted its holdings in Fidelity MSCI Utilities Index ETF by 1.9% in the 2nd quarter. Prairie Wealth Advisors Inc. now owns 16,711 shares of the company’s stock worth $879,000 after buying an additional 307 shares in the last quarter.

Fidelity MSCI Utilities Index ETF Price Performance

Shares of Fidelity MSCI Utilities Index ETF stock opened at $57.16 on Friday. The business has a 50-day moving average of $56.74 and a 200-day moving average of $54.34. The company has a market capitalization of $2.14 billion, a PE 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.