18,969 Shares in Fidelity MSCI Utilities Index ETF $FUTY Acquired by Maxele Advisors LLC

Maxele Advisors LLC bought a new position in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 18,969 shares of the company’s stock, valued at approximately $1,071,000.

Other institutional investors also recently modified their holdings of the company. Atlantic Union Bankshares Corp acquired a new stake in shares of Fidelity MSCI Utilities Index ETF in the third quarter worth $39,000. Centaurus Financial Inc. acquired a new position in Fidelity MSCI Utilities Index ETF in the 2nd quarter valued at $108,000. Qube Research & Technologies Ltd bought a new position in Fidelity MSCI Utilities Index ETF in the 2nd quarter worth $147,000. CWM LLC raised its holdings in Fidelity MSCI Utilities Index ETF by 260.8% in the 3rd quarter. CWM LLC now owns 2,886 shares of the company’s stock worth $163,000 after acquiring an additional 2,086 shares during the period. Finally, Park Avenue Securities LLC acquired a new position in Fidelity MSCI Utilities Index ETF during the 3rd quarter worth $206,000.

Fidelity MSCI Utilities Index ETF Price Performance

FUTY stock opened at $60.76 on Tuesday. The stock has a market capitalization of $2.41 billion, a price-to-earnings ratio of 20.34 and a beta of 0.61. The company has a 50-day moving average of $57.88 and a two-hundred day moving average of $57.05. Fidelity MSCI Utilities Index ETF has a 52-week low of $45.94 and a 52-week high of $61.51.

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.