Yoder Wealth Management Inc. Increases Holdings in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Yoder Wealth Management Inc. boosted its holdings in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 4.9% during the third quarter, Holdings Channel reports. The firm owned 35,812 shares of the company’s stock after acquiring an additional 1,667 shares during the quarter. Fidelity MSCI Utilities Index ETF makes up about 1.1% of Yoder Wealth Management Inc.’s investment portfolio, making the stock its 28th biggest position. Yoder Wealth Management Inc.’s holdings in Fidelity MSCI Utilities Index ETF were worth $1,856,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. AE Wealth Management LLC grew its holdings in shares of Fidelity MSCI Utilities Index ETF by 2.5% during the 2nd quarter. AE Wealth Management LLC now owns 547,567 shares of the company’s stock worth $24,071,000 after acquiring an additional 13,515 shares during the period. Osaic Holdings Inc. grew its holdings in shares of Fidelity MSCI Utilities Index ETF by 17.2% during the 1st quarter. Osaic Holdings Inc. now owns 264,672 shares of the company’s stock worth $11,234,000 after acquiring an additional 38,867 shares during the period. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Fidelity MSCI Utilities Index ETF by 5.5% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 226,878 shares of the company’s stock worth $9,974,000 after acquiring an additional 11,819 shares during the period. Brookstone Capital Management grew its holdings in shares of Fidelity MSCI Utilities Index ETF by 2.6% during the 3rd quarter. Brookstone Capital Management now owns 164,548 shares of the company’s stock worth $8,527,000 after acquiring an additional 4,100 shares during the period. Finally, IFG Advisory LLC grew its holdings in shares of Fidelity MSCI Utilities Index ETF by 2.7% during the 2nd quarter. IFG Advisory LLC now owns 134,890 shares of the company’s stock worth $5,930,000 after acquiring an additional 3,585 shares during the period.

Fidelity MSCI Utilities Index ETF Trading Down 0.3 %

Shares of FUTY stock traded down $0.17 during midday trading on Thursday, reaching $52.44. 31,638 shares of the stock were exchanged, compared to its average volume of 241,222. Fidelity MSCI Utilities Index ETF has a 1 year low of $37.52 and a 1 year high of $52.94. The company’s 50 day moving average is $50.39 and its two-hundred day moving average is $46.89. The firm has a market cap of $1.39 billion, a PE ratio of 22.79 and a beta of 0.50.

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.