Fidelity MSCI Utilities Index ETF $FUTY Holdings Increased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its stake in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 33.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 135,748 shares of the company’s stock after acquiring an additional 34,164 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Fidelity MSCI Utilities Index ETF were worth $7,666,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Atlantic Union Bankshares Corp acquired a new position in shares of Fidelity MSCI Utilities Index ETF during the 3rd quarter valued at $39,000. AGF Management Ltd. boosted its stake in Fidelity MSCI Utilities Index ETF by 10.2% during the third quarter. AGF Management Ltd. now owns 104,371 shares of the company’s stock valued at $5,894,000 after buying an additional 9,652 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in Fidelity MSCI Utilities Index ETF by 44.4% during the third quarter. Jones Financial Companies Lllp now owns 8,822 shares of the company’s stock worth $495,000 after acquiring an additional 2,712 shares during the period. Thrivent Financial for Lutherans bought a new stake in Fidelity MSCI Utilities Index ETF in the third quarter worth about $2,632,000. Finally, Independent Advisor Alliance lifted its holdings in Fidelity MSCI Utilities Index ETF by 18.3% in the 3rd quarter. Independent Advisor Alliance now owns 13,340 shares of the company’s stock valued at $753,000 after acquiring an additional 2,061 shares during the last quarter.

Fidelity MSCI Utilities Index ETF Price Performance

NYSEARCA FUTY opened at $59.80 on Friday. Fidelity MSCI Utilities Index ETF has a 12 month low of $45.94 and a 12 month high of $60.66. The company has a market capitalization of $2.37 billion, a P/E ratio of 20.34 and a beta of 0.61. The company’s 50 day simple moving average is $56.24 and its 200 day simple moving average is $56.45.

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.