Harbour Investments Inc. Raises Holdings in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Harbour Investments Inc. boosted its position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 3.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,940 shares of the company’s stock after acquiring an additional 575 shares during the quarter. Harbour Investments Inc.’s holdings in Fidelity MSCI Utilities Index ETF were worth $826,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Osaic Holdings Inc. grew its stake in Fidelity MSCI Utilities Index ETF by 17.2% during the first quarter. Osaic Holdings Inc. now owns 264,672 shares of the company’s stock worth $11,234,000 after buying an additional 38,867 shares during the period. Cedar Wealth Management LLC lifted its holdings in shares of Fidelity MSCI Utilities Index ETF by 3.8% during the 1st quarter. Cedar Wealth Management LLC now owns 18,731 shares of the company’s stock valued at $795,000 after acquiring an additional 679 shares in the last quarter. Sweeney & Michel LLC purchased a new stake in Fidelity MSCI Utilities Index ETF during the 1st quarter worth $755,000. Cetera Advisors LLC acquired a new stake in Fidelity MSCI Utilities Index ETF in the 1st quarter valued at $209,000. Finally, Pathway Financial Advisers LLC purchased a new position in Fidelity MSCI Utilities Index ETF in the first quarter valued at about $265,000.

Fidelity MSCI Utilities Index ETF Price Performance

Shares of NYSEARCA FUTY opened at $50.99 on Friday. Fidelity MSCI Utilities Index ETF has a 1-year low of $38.17 and a 1-year high of $52.94. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of 22.79 and a beta of 0.50. The business has a 50-day moving average of $51.10 and a 200-day moving average of $47.88.

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.