AE Wealth Management LLC Boosts Position in Fidelity MSCI Utilities Index ETF $FUTY

AE Wealth Management LLC increased its holdings in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 31.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,371,364 shares of the company’s stock after purchasing an additional 329,549 shares during the quarter. AE Wealth Management LLC owned approximately 3.46% of Fidelity MSCI Utilities Index ETF worth $75,727,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. CWM LLC increased its position in Fidelity MSCI Utilities Index ETF by 64.0% during the fourth quarter. CWM LLC now owns 4,733 shares of the company’s stock worth $261,000 after buying an additional 1,847 shares during the period. Farther Finance Advisors LLC raised its position in Fidelity MSCI Utilities Index ETF by 5.0% in the 4th quarter. Farther Finance Advisors LLC now owns 8,497 shares of the company’s stock valued at $469,000 after purchasing an additional 401 shares during the last quarter. Apollon Wealth Management LLC raised its position in Fidelity MSCI Utilities Index ETF by 9.0% in the 4th quarter. Apollon Wealth Management LLC now owns 131,183 shares of the company’s stock valued at $7,244,000 after purchasing an additional 10,845 shares during the last quarter. Yoder Wealth Management Inc. raised its position in Fidelity MSCI Utilities Index ETF by 7.4% in the 4th quarter. Yoder Wealth Management Inc. now owns 48,219 shares of the company’s stock valued at $2,663,000 after purchasing an additional 3,308 shares during the last quarter. Finally, Glass Jacobson Investment Advisors llc raised its position in Fidelity MSCI Utilities Index ETF by 12.3% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 14,616 shares of the company’s stock valued at $807,000 after purchasing an additional 1,605 shares during the last quarter.

Fidelity MSCI Utilities Index ETF Price Performance

FUTY stock opened at $59.85 on Friday. The company has a fifty day moving average price of $59.57 and a 200 day moving average price of $57.76. Fidelity MSCI Utilities Index ETF has a 12 month low of $48.58 and a 12 month high of $61.51. The company has a market cap of $2.50 billion, a price-to-earnings ratio of 20.34 and a beta of 0.66.

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.