American National Bank & Trust Acquires 11,990 Shares of Fidelity MSCI Utilities Index ETF $FUTY

American National Bank & Trust acquired a new position in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 11,990 shares of the company’s stock, valued at approximately $612,000.

Several other hedge funds have also recently bought and sold shares of FUTY. Smith Salley Wealth Management increased its holdings in Fidelity MSCI Utilities Index ETF by 1.3% during the 1st quarter. Smith Salley Wealth Management now owns 13,635 shares of the company’s stock valued at $805,000 after purchasing an additional 170 shares in the last quarter. Global Financial Private Client LLC lifted its position in shares of Fidelity MSCI Utilities Index ETF by 1.9% during the first quarter. Global Financial Private Client LLC now owns 11,180 shares of the company’s stock worth $660,000 after purchasing an additional 209 shares in the last quarter. D.A. Davidson & CO. grew its stake in shares of Fidelity MSCI Utilities Index ETF by 4.5% during the first quarter. D.A. Davidson & CO. now owns 5,400 shares of the company’s stock valued at $319,000 after purchasing an additional 233 shares during the last quarter. Valmark Advisers Inc. raised its position in Fidelity MSCI Utilities Index ETF by 0.3% in the 1st quarter. Valmark Advisers Inc. now owns 91,376 shares of the company’s stock worth $5,398,000 after purchasing an additional 241 shares during the last quarter. Finally, Kestra Private Wealth Services LLC lifted its holdings in Fidelity MSCI Utilities Index ETF by 5.5% during the 1st quarter. Kestra Private Wealth Services LLC now owns 4,707 shares of the company’s stock worth $278,000 after buying an additional 245 shares in the last quarter.

Fidelity MSCI Utilities Index ETF Price Performance

Shares of FUTY stock traded down $0.03 on Wednesday, reaching $53.15. 227,325 shares of the stock were exchanged, compared to its average volume of 400,931. The stock has a market cap of $2.19 billion, a PE ratio of 20.34 and a beta of 0.57. Fidelity MSCI Utilities Index ETF has a one year low of $50.53 and a one year high of $61.51. The stock has a 50 day moving average price of $54.77 and a 200 day moving average price of $57.19.

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.