Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) Shares Acquired by VCI Wealth Management LLC

VCI Wealth Management LLC lifted its position in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 11.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,547 shares of the company’s stock after acquiring an additional 891 shares during the period. VCI Wealth Management LLC’s holdings in Fidelity MSCI Utilities Index ETF were worth $417,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sound Income Strategies LLC acquired a new stake in shares of Fidelity MSCI Utilities Index ETF during the 4th quarter valued at approximately $27,000. Wilmington Savings Fund Society FSB acquired a new stake in Fidelity MSCI Utilities Index ETF in the third quarter worth $28,000. BNP Paribas Financial Markets acquired a new stake in Fidelity MSCI Utilities Index ETF in the third quarter worth $56,000. Glen Eagle Advisors LLC increased its position in Fidelity MSCI Utilities Index ETF by 21.4% in the third quarter. Glen Eagle Advisors LLC now owns 1,604 shares of the company’s stock worth $83,000 after buying an additional 283 shares during the period. Finally, JPMorgan Chase & Co. increased its position in Fidelity MSCI Utilities Index ETF by 45.0% in the third quarter. JPMorgan Chase & Co. now owns 3,143 shares of the company’s stock worth $163,000 after buying an additional 975 shares during the period.

Fidelity MSCI Utilities Index ETF Price Performance

Shares of NYSEARCA FUTY opened at $50.00 on Tuesday. Fidelity MSCI Utilities Index ETF has a 1-year low of $38.17 and a 1-year high of $53.65. The business’s fifty day moving average price is $50.33 and its two-hundred day moving average price is $49.76. The firm has a market capitalization of $1.32 billion, a PE ratio of 22.79 and a beta of 0.50.

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.