Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) Shares Bought by SYM FINANCIAL Corp

SYM FINANCIAL Corp lifted its holdings in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 24.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 5,100 shares of the company’s stock after buying an additional 1,000 shares during the quarter. SYM FINANCIAL Corp’s holdings in Fidelity MSCI Utilities Index ETF were worth $208,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of FUTY. CWM LLC bought a new position in Fidelity MSCI Utilities Index ETF in the third quarter worth about $26,000. Raymond James & Associates grew its stake in Fidelity MSCI Utilities Index ETF by 112.7% during the 3rd quarter. Raymond James & Associates now owns 30,136 shares of the company’s stock worth $1,143,000 after buying an additional 15,967 shares during the last quarter. Beam Wealth Advisors Inc. grew its stake in Fidelity MSCI Utilities Index ETF by 38.1% during the 3rd quarter. Beam Wealth Advisors Inc. now owns 18,617 shares of the company’s stock worth $706,000 after buying an additional 5,133 shares during the last quarter. Smith Salley & Associates increased its position in Fidelity MSCI Utilities Index ETF by 4.9% in the third quarter. Smith Salley & Associates now owns 14,323 shares of the company’s stock worth $543,000 after buying an additional 668 shares during the period. Finally, Cedar Wealth Management LLC lifted its stake in Fidelity MSCI Utilities Index ETF by 29.7% in the third quarter. Cedar Wealth Management LLC now owns 18,158 shares of the company’s stock valued at $689,000 after buying an additional 4,161 shares during the last quarter.

Fidelity MSCI Utilities Index ETF Trading Up 0.9 %

NYSEARCA:FUTY traded up $0.41 during mid-day trading on Friday, hitting $44.27. The stock had a trading volume of 109,132 shares, compared to its average volume of 267,469. The company has a 50 day simple moving average of $41.66 and a 200-day simple moving average of $40.43. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of 22.79 and a beta of 0.50. Fidelity MSCI Utilities Index ETF has a 52 week low of $35.32 and a 52 week high of $44.84.

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.