Dynamic Advisor Solutions LLC Purchases 11,791 Shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Dynamic Advisor Solutions LLC lifted its stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTYFree Report) by 18.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,218 shares of the company’s stock after purchasing an additional 11,791 shares during the period. Dynamic Advisor Solutions LLC owned 0.18% of Fidelity MSCI Utilities Index ETF worth $3,276,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of FUTY. LPL Financial LLC increased its stake in shares of Fidelity MSCI Utilities Index ETF by 13.1% in the 3rd quarter. LPL Financial LLC now owns 274,438 shares of the company’s stock worth $10,407,000 after purchasing an additional 31,755 shares in the last quarter. O Shaughnessy Asset Management LLC purchased a new stake in shares of Fidelity MSCI Utilities Index ETF in the 3rd quarter worth $90,000. Harbour Investments Inc. increased its stake in shares of Fidelity MSCI Utilities Index ETF by 52.3% in the 3rd quarter. Harbour Investments Inc. now owns 13,261 shares of the company’s stock worth $503,000 after purchasing an additional 4,552 shares in the last quarter. Lynch & Associates IN increased its stake in Fidelity MSCI Utilities Index ETF by 7.7% in the 4th quarter. Lynch & Associates IN now owns 9,933 shares of the company’s stock worth $406,000 after buying an additional 711 shares in the last quarter. Finally, BKM Wealth Management LLC purchased a new stake in Fidelity MSCI Utilities Index ETF in the 4th quarter worth $215,000.

Fidelity MSCI Utilities Index ETF Stock Down 1.2 %

FUTY stock traded down $0.53 during trading on Tuesday, reaching $44.42. The company’s stock had a trading volume of 169,053 shares, compared to its average volume of 236,424. Fidelity MSCI Utilities Index ETF has a 1 year low of $35.32 and a 1 year high of $47.02. The company has a market capitalization of $1.17 billion, a P/E ratio of 22.79 and a beta of 0.50. The company’s fifty day moving average is $44.85 and its 200-day moving average is $42.09.

Fidelity MSCI Utilities Index ETF Company 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.

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

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