Yoder Wealth Management Inc. Acquires 1,667 Shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Yoder Wealth Management Inc. lifted its holdings in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 4.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 35,812 shares of the company’s stock after acquiring an additional 1,667 shares during the quarter. Fidelity MSCI Utilities Index ETF makes up about 1.1% of Yoder Wealth Management Inc.’s portfolio, making the stock its 28th biggest holding. Yoder Wealth Management Inc. owned 0.14% of Fidelity MSCI Utilities Index ETF worth $1,856,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CWM LLC boosted its stake in shares of Fidelity MSCI Utilities Index ETF by 66.1% during the 2nd quarter. CWM LLC now owns 1,146 shares of the company’s stock worth $50,000 after acquiring an additional 456 shares during the period. American National Bank boosted its stake in shares of Fidelity MSCI Utilities Index ETF by 27.8% during the 2nd quarter. American National Bank now owns 1,616 shares of the company’s stock worth $71,000 after acquiring an additional 352 shares during the period. Gradient Investments LLC boosted its stake in shares of Fidelity MSCI Utilities Index ETF by 25,520.0% during the 2nd quarter. Gradient Investments LLC now owns 2,562 shares of the company’s stock worth $113,000 after acquiring an additional 2,552 shares during the period. Rogco LP bought a new position in shares of Fidelity MSCI Utilities Index ETF during the 1st quarter worth approximately $157,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in Fidelity MSCI Utilities Index ETF during the 2nd quarter worth approximately $200,000.

Fidelity MSCI Utilities Index ETF Stock Performance

NYSEARCA:FUTY traded down $0.17 during mid-day trading on Thursday, hitting $52.44. 31,638 shares of the stock were exchanged, compared to its average volume of 241,222. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of 22.79 and a beta of 0.50. The firm’s 50-day simple moving average is $50.39 and its 200 day simple moving average is $46.89. Fidelity MSCI Utilities Index ETF has a fifty-two week low of $37.52 and a fifty-two week high of $52.94.

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.