Elevated Capital Advisors LLC Has $688,000 Position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Elevated Capital Advisors LLC lifted its holdings in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 52.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 14,100 shares of the company’s stock after purchasing an additional 4,821 shares during the quarter. Elevated Capital Advisors LLC’s holdings in Fidelity MSCI Utilities Index ETF were worth $688,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. HBW Advisory Services LLC lifted its position in Fidelity MSCI Utilities Index ETF by 9.4% in the 4th quarter. HBW Advisory Services LLC now owns 5,084 shares of the company’s stock valued at $248,000 after acquiring an additional 436 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of 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 valued at $163,000 after purchasing an additional 975 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Fidelity MSCI Utilities Index ETF during the third quarter worth about $28,000. Sunbelt Securities Inc. grew its holdings in shares of Fidelity MSCI Utilities Index ETF by 23.1% during the third quarter. Sunbelt Securities Inc. now owns 17,416 shares of the company’s stock worth $902,000 after buying an additional 3,265 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc raised its position in Fidelity MSCI Utilities Index ETF by 4.4% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 12,139 shares of the company’s stock valued at $629,000 after buying an additional 515 shares during the last quarter.

Fidelity MSCI Utilities Index ETF Price Performance

NYSEARCA:FUTY traded down $0.47 during trading hours on Monday, reaching $48.13. 237,132 shares of the stock were exchanged, compared to its average volume of 299,317. The stock has a market cap of $1.27 billion, a PE ratio of 22.79 and a beta of 0.50. Fidelity MSCI Utilities Index ETF has a twelve month low of $38.17 and a twelve month high of $53.65. The firm has a 50 day moving average of $50.40 and a 200 day moving average of $49.31.

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.