Beaumont Financial Advisors LLC Buys New Stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Beaumont Financial Advisors LLC bought a new stake in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTYFree Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 24,873 shares of the company’s stock, valued at approximately $943,000. Beaumont Financial Advisors LLC owned 0.06% of Fidelity MSCI Utilities Index ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Trail Ridge Investment Advisors LLC raised its position in shares of Fidelity MSCI Utilities Index ETF by 3.0% in the second quarter. Trail Ridge Investment Advisors LLC now owns 9,743 shares of the company’s stock worth $412,000 after acquiring an additional 280 shares during the period. Thrivent Financial for Lutherans raised its position in shares of Fidelity MSCI Utilities Index ETF by 4.8% in the second quarter. Thrivent Financial for Lutherans now owns 7,241 shares of the company’s stock worth $327,000 after acquiring an additional 332 shares during the period. Creative Financial Designs Inc. ADV raised its position in shares of Fidelity MSCI Utilities Index ETF by 3.7% in the second quarter. Creative Financial Designs Inc. ADV now owns 11,019 shares of the company’s stock worth $466,000 after acquiring an additional 390 shares during the period. Lynch & Associates IN raised its position in shares of Fidelity MSCI Utilities Index ETF by 4.4% in the third quarter. Lynch & Associates IN now owns 9,222 shares of the company’s stock worth $350,000 after acquiring an additional 392 shares during the period. Finally, Global Wealth Management Investment Advisory Inc. raised its position in shares of Fidelity MSCI Utilities Index ETF by 56.4% during the 1st quarter. Global Wealth Management Investment Advisory Inc. now owns 1,250 shares of the company’s stock worth $60,000 after purchasing an additional 451 shares during the last quarter.

Fidelity MSCI Utilities Index ETF Stock Down 1.4 %

FUTY opened at $39.68 on Thursday. Fidelity MSCI Utilities Index ETF has a twelve month low of $35.32 and a twelve month high of $46.31. The company has a 50-day moving average price of $40.51 and a 200 day moving average price of $40.47. The company has a market cap of $1.75 billion, a PE ratio of 24.22 and a beta of 0.54.

Fidelity MSCI Utilities Index ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

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