AGF Management Ltd. Raises Position in Fidelity MSCI Utilities Index ETF $FUTY

AGF Management Ltd. raised its position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 9.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 94,719 shares of the company’s stock after buying an additional 7,900 shares during the quarter. AGF Management Ltd. owned about 0.27% of Fidelity MSCI Utilities Index ETF worth $4,982,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in FUTY. Gimbal Financial purchased a new stake in shares of Fidelity MSCI Utilities Index ETF during the 2nd quarter valued at approximately $8,882,000. AE Wealth Management LLC boosted its holdings in Fidelity MSCI Utilities Index ETF by 14.7% in the 1st quarter. AE Wealth Management LLC now owns 871,258 shares of the company’s stock worth $44,391,000 after buying an additional 111,512 shares during the period. Arkadios Wealth Advisors grew its stake in Fidelity MSCI Utilities Index ETF by 1,476.0% in the 1st quarter. Arkadios Wealth Advisors now owns 83,354 shares of the company’s stock valued at $4,247,000 after buying an additional 78,065 shares in the last quarter. LPL Financial LLC raised its holdings in Fidelity MSCI Utilities Index ETF by 14.9% during the 1st quarter. LPL Financial LLC now owns 540,311 shares of the company’s stock valued at $27,529,000 after acquiring an additional 70,212 shares during the period. Finally, Simon Quick Advisors LLC purchased a new stake in shares of Fidelity MSCI Utilities Index ETF during the second quarter worth $2,642,000.

Fidelity MSCI Utilities Index ETF Stock Up 1.4%

Shares of NYSEARCA FUTY opened at $57.97 on Monday. Fidelity MSCI Utilities Index ETF has a 52 week low of $45.94 and a 52 week high of $60.56. The company has a market cap of $2.17 billion, a P/E ratio of 20.34 and a beta of 0.61. The business has a 50-day simple moving average of $56.80 and a two-hundred day simple moving average of $54.45.

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.