Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) Shares Acquired by Monumental Financial Group Inc.

Monumental Financial Group Inc. lifted its holdings in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 4.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 68,430 shares of the company’s stock after purchasing an additional 3,073 shares during the quarter. Fidelity MSCI Utilities Index ETF comprises about 1.5% of Monumental Financial Group Inc.’s investment portfolio, making the stock its 14th biggest position. Monumental Financial Group Inc.’s holdings in Fidelity MSCI Utilities Index ETF were worth $2,903,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in FUTY. American National Bank boosted its holdings in Fidelity MSCI Utilities Index ETF by 242.2% in the fourth quarter. American National Bank now owns 787 shares of the company’s stock valued at $32,000 after acquiring an additional 557 shares during the last quarter. Principal Securities Inc. acquired a new position in Fidelity MSCI Utilities Index ETF in the fourth quarter valued at $63,000. O Shaughnessy Asset Management LLC acquired a new position in Fidelity MSCI Utilities Index ETF in the third quarter valued at $90,000. Creekmur Asset Management LLC acquired a new position in Fidelity MSCI Utilities Index ETF in the fourth quarter valued at $143,000. Finally, SYM FINANCIAL Corp boosted its holdings in Fidelity MSCI Utilities Index ETF by 24.4% in the fourth quarter. SYM FINANCIAL Corp now owns 5,100 shares of the company’s stock valued at $208,000 after acquiring an additional 1,000 shares during the last quarter.

Fidelity MSCI Utilities Index ETF Trading Down 1.1 %

NYSEARCA:FUTY traded down $0.47 during mid-day trading on Friday, hitting $43.96. The company had a trading volume of 141,150 shares, compared to its average volume of 234,417. The business has a fifty day simple moving average of $45.09 and a 200-day simple moving average of $42.17. Fidelity MSCI Utilities Index ETF has a 1 year low of $35.32 and a 1 year high of $47.02. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 22.79 and a beta of 0.50.

Fidelity MSCI Utilities Index ETF 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.