AE Wealth Management LLC Acquires 168,631 Shares of Fidelity MSCI Utilities Index ETF $FUTY

AE Wealth Management LLC increased its holdings in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 19.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,041,815 shares of the company’s stock after buying an additional 168,631 shares during the period. AE Wealth Management LLC owned 2.79% of Fidelity MSCI Utilities Index ETF worth $58,831,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Orion Porfolio Solutions LLC grew its holdings in 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 worth $24,833,000 after acquiring an additional 438,842 shares during the period. Independence Financial Advisors LLC lifted its stake in shares of Fidelity MSCI Utilities Index ETF by 2,625.7% in the 3rd quarter. Independence Financial Advisors LLC now owns 192,868 shares of the company’s stock valued at $10,891,000 after purchasing an additional 185,792 shares during the period. Bank of America Corp DE boosted its position in shares of Fidelity MSCI Utilities Index ETF by 2.0% in the 2nd quarter. Bank of America Corp DE now owns 8,795,631 shares of the company’s stock worth $462,650,000 after purchasing an additional 171,754 shares during the last quarter. Gimbal Financial acquired a new stake in shares of Fidelity MSCI Utilities Index ETF during the second quarter worth $8,882,000. Finally, Osaic Holdings Inc. grew its stake in shares of Fidelity MSCI Utilities Index ETF by 28.7% during the second quarter. Osaic Holdings Inc. now owns 745,001 shares of the company’s stock worth $39,209,000 after purchasing an additional 166,037 shares during the period.

Fidelity MSCI Utilities Index ETF Trading Down 0.2%

NYSEARCA:FUTY opened at $56.21 on Thursday. Fidelity MSCI Utilities Index ETF has a 1-year low of $45.94 and a 1-year high of $60.56. The firm has a market capitalization of $2.23 billion, a price-to-earnings ratio of 20.34 and a beta of 0.61. The business’s 50-day moving average price is $55.95 and its two-hundred day moving average price is $56.07.

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.