20,256 Shares in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) Purchased by Nwam LLC

Nwam LLC acquired a new stake in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 20,256 shares of the company’s stock, valued at approximately $1,050,000. Nwam LLC owned approximately 0.08% of Fidelity MSCI Utilities Index ETF at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in FUTY. Lifeworks Advisors LLC boosted its position in Fidelity MSCI Utilities Index ETF by 13.2% during the 3rd quarter. Lifeworks Advisors LLC now owns 7,395 shares of the company’s stock worth $383,000 after acquiring an additional 863 shares during the period. Mascoma Wealth Management LLC lifted its position in shares of Fidelity MSCI Utilities Index ETF by 46.3% in the third quarter. Mascoma Wealth Management LLC now owns 9,490 shares of the company’s stock worth $492,000 after purchasing an additional 3,003 shares in the last quarter. Harbour Investments Inc. boosted its holdings in shares of Fidelity MSCI Utilities Index ETF by 3.7% during the third quarter. Harbour Investments Inc. now owns 15,940 shares of the company’s stock worth $826,000 after purchasing an additional 575 shares during the period. Beam Wealth Advisors Inc. grew its position in Fidelity MSCI Utilities Index ETF by 2.1% during the third quarter. Beam Wealth Advisors Inc. now owns 18,452 shares of the company’s stock valued at $956,000 after purchasing an additional 374 shares in the last quarter. Finally, Axxcess Wealth Management LLC increased its stake in Fidelity MSCI Utilities Index ETF by 12.2% in the 3rd quarter. Axxcess Wealth Management LLC now owns 6,487 shares of the company’s stock valued at $336,000 after buying an additional 703 shares during the period.

Fidelity MSCI Utilities Index ETF Stock Down 0.4 %

Shares of NYSEARCA:FUTY opened at $52.44 on Friday. The firm has a fifty day moving average of $51.32 and a two-hundred day moving average of $48.16. Fidelity MSCI Utilities Index ETF has a 12-month low of $38.17 and a 12-month high of $52.94. The firm has a market capitalization of $1.39 billion, a P/E ratio of 22.79 and a beta of 0.50.

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.