Fidelity MSCI Utilities Index ETF $FUTY Shares Sold by Estate Counselors LLC

Estate Counselors LLC trimmed its stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 35.3% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 47,200 shares of the company’s stock after selling 25,775 shares during the period. Estate Counselors LLC owned about 0.12% of Fidelity MSCI Utilities Index ETF worth $2,788,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Bank of America Corp DE increased its holdings in Fidelity MSCI Utilities Index ETF by 3.3% in the 3rd quarter. Bank of America Corp DE now owns 9,084,792 shares of the company’s stock valued at $513,018,000 after purchasing an additional 289,161 shares during the last quarter. AE Wealth Management LLC raised its position in Fidelity MSCI Utilities Index ETF by 31.6% in the fourth quarter. AE Wealth Management LLC now owns 1,371,364 shares of the company’s stock valued at $75,727,000 after purchasing an additional 329,549 shares during the period. LPL Financial LLC lifted its stake in Fidelity MSCI Utilities Index ETF by 11.3% during the fourth quarter. LPL Financial LLC now owns 752,838 shares of the company’s stock worth $41,572,000 after purchasing an additional 76,597 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Fidelity MSCI Utilities Index ETF by 1,161.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 643,682 shares of the company’s stock worth $35,544,000 after purchasing an additional 592,663 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its stake in Fidelity MSCI Utilities Index ETF by 13.7% during the first quarter. Kestra Advisory Services LLC now owns 552,635 shares of the company’s stock worth $32,644,000 after purchasing an additional 66,524 shares in the last quarter.

Fidelity MSCI Utilities Index ETF Stock Down 1.2%

FUTY opened at $58.78 on Tuesday. Fidelity MSCI Utilities Index ETF has a 52 week low of $53.23 and a 52 week high of $61.51. The business has a fifty day simple moving average of $58.09 and a 200-day simple moving average of $58.33. The firm has a market cap of $2.38 billion, a P/E ratio of 20.34 and a beta of 0.59.

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.