Dynamic Advisor Solutions LLC Sells 274 Shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Dynamic Advisor Solutions LLC decreased its holdings in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 0.6% during the fourth quarter, HoldingsChannel reports. The fund owned 45,145 shares of the company’s stock after selling 274 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Fidelity MSCI Utilities Index ETF were worth $2,202,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Sanctuary Advisors LLC purchased a new stake in shares of Fidelity MSCI Utilities Index ETF in the second quarter worth about $286,000. Brookstone Capital Management increased its holdings in Fidelity MSCI Utilities Index ETF by 2.6% during the 3rd quarter. Brookstone Capital Management now owns 164,548 shares of the company’s stock worth $8,527,000 after acquiring an additional 4,100 shares during the period. Maltin Wealth Management Inc. lifted its stake in Fidelity MSCI Utilities Index ETF by 6.6% in the 3rd quarter. Maltin Wealth Management Inc. now owns 41,247 shares of the company’s stock worth $2,137,000 after purchasing an additional 2,566 shares in the last quarter. Lynch & Associates IN boosted its holdings in Fidelity MSCI Utilities Index ETF by 7.4% in the 3rd quarter. Lynch & Associates IN now owns 13,153 shares of the company’s stock valued at $682,000 after purchasing an additional 908 shares during the period. Finally, Proquility Private Wealth Partners LLC grew its position in shares of Fidelity MSCI Utilities Index ETF by 24.0% during the 3rd quarter. Proquility Private Wealth Partners LLC now owns 37,489 shares of the company’s stock valued at $1,943,000 after purchasing an additional 7,257 shares in the last quarter.

Fidelity MSCI Utilities Index ETF Stock Performance

Fidelity MSCI Utilities Index ETF stock opened at $51.09 on Friday. The stock has a market cap of $1.35 billion, a P/E ratio of 22.79 and a beta of 0.50. Fidelity MSCI Utilities Index ETF has a fifty-two week low of $38.17 and a fifty-two week high of $53.65. The firm’s fifty day moving average price is $50.36 and its 200-day moving average price is $49.70.

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.