VCI Wealth Management LLC Acquires 532 Shares of Fidelity MSCI Utilities Index ETF $FUTY

VCI Wealth Management LLC grew its holdings in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 7.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,494 shares of the company’s stock after purchasing an additional 532 shares during the period. VCI Wealth Management LLC’s holdings in Fidelity MSCI Utilities Index ETF were worth $394,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of FUTY. AE Wealth Management LLC increased its holdings in shares of Fidelity MSCI Utilities Index ETF by 14.7% in the 1st quarter. AE Wealth Management LLC now owns 871,258 shares of the company’s stock worth $44,391,000 after purchasing an additional 111,512 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in shares of Fidelity MSCI Utilities Index ETF by 1,476.0% in the 1st quarter. Arkadios Wealth Advisors now owns 83,354 shares of the company’s stock worth $4,247,000 after purchasing an additional 78,065 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Fidelity MSCI Utilities Index ETF by 14.9% in the 1st quarter. LPL Financial LLC now owns 540,311 shares of the company’s stock worth $27,529,000 after purchasing an additional 70,212 shares in the last quarter. Grant GrossMendelsohn LLC bought a new stake in shares of Fidelity MSCI Utilities Index ETF in the 1st quarter worth $3,124,000. Finally, Sowell Financial Services LLC increased its holdings in shares of Fidelity MSCI Utilities Index ETF by 899.0% in the 2nd quarter. Sowell Financial Services LLC now owns 52,017 shares of the company’s stock worth $2,736,000 after purchasing an additional 46,810 shares in the last quarter.

Fidelity MSCI Utilities Index ETF Trading Down 0.0%

Fidelity MSCI Utilities Index ETF stock opened at $59.23 on Tuesday. The firm has a market cap of $2.18 billion, a price-to-earnings ratio of 20.34 and a beta of 0.54. The stock has a fifty day simple moving average of $56.00 and a two-hundred day simple moving average of $53.56. Fidelity MSCI Utilities Index ETF has a 12 month low of $45.94 and a 12 month high of $60.56.

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.