Fidelity MSCI Utilities Index ETF $FUTY Shares Bought by Yoder Wealth Management Inc.

Yoder Wealth Management Inc. lifted its position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 5.2% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 41,617 shares of the company’s stock after buying an additional 2,068 shares during the period. Fidelity MSCI Utilities Index ETF makes up 1.1% of Yoder Wealth Management Inc.’s holdings, making the stock its 29th largest position. Yoder Wealth Management Inc. owned about 0.12% of Fidelity MSCI Utilities Index ETF worth $2,189,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Jaffetilchin Investment Partners LLC raised its stake in shares of Fidelity MSCI Utilities Index ETF by 0.9% in the 1st quarter. Jaffetilchin Investment Partners LLC now owns 24,025 shares of the company’s stock worth $1,224,000 after buying an additional 216 shares in the last quarter. Nwam LLC raised its stake in shares of Fidelity MSCI Utilities Index ETF by 1.0% in the 1st quarter. Nwam LLC now owns 21,539 shares of the company’s stock worth $1,097,000 after buying an additional 221 shares in the last quarter. Lynch & Associates IN raised its stake in shares of Fidelity MSCI Utilities Index ETF by 2.0% in the 2nd quarter. Lynch & Associates IN now owns 13,605 shares of the company’s stock worth $716,000 after buying an additional 262 shares in the last quarter. Ameritas Advisory Services LLC raised its stake in shares of Fidelity MSCI Utilities Index ETF by 1.3% in the 2nd quarter. Ameritas Advisory Services LLC now owns 21,706 shares of the company’s stock worth $1,142,000 after buying an additional 285 shares in the last quarter. Finally, GSB Wealth Management LLC raised its stake in shares of Fidelity MSCI Utilities Index ETF by 0.6% in the 2nd quarter. GSB Wealth Management LLC now owns 54,636 shares of the company’s stock worth $2,874,000 after buying an additional 335 shares in the last quarter.

Fidelity MSCI Utilities Index ETF Stock Up 1.0%

Shares of Fidelity MSCI Utilities Index ETF stock opened at $57.47 on Friday. The stock’s fifty day moving average is $55.20 and its 200-day moving average is $52.87. The firm has a market capitalization of $2.09 billion, a PE ratio of 20.34 and a beta of 0.54. Fidelity MSCI Utilities Index ETF has a 12-month low of $45.94 and a 12-month high of $57.99.

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.