Kingswood Wealth Advisors LLC Acquires 105,999 Shares of Fidelity MSCI Utilities Index ETF $FUTY

Kingswood Wealth Advisors LLC grew its holdings in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTYFree Report) by 256.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 147,303 shares of the company’s stock after buying an additional 105,999 shares during the period. Kingswood Wealth Advisors LLC owned 0.40% of Fidelity MSCI Utilities Index ETF worth $8,318,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in FUTY. Hilltop National Bank bought a new stake in Fidelity MSCI Utilities Index ETF in the 2nd quarter valued at $26,000. Briaud Financial Planning Inc acquired a new position in shares of Fidelity MSCI Utilities Index ETF in the second quarter valued at $30,000. ORG Partners LLC bought a new position in shares of Fidelity MSCI Utilities Index ETF in the second quarter valued at about $32,000. IMG Wealth Management Inc. bought a new position in shares of Fidelity MSCI Utilities Index ETF in the second quarter valued at about $34,000. Finally, Eastern Bank acquired a new stake in shares of Fidelity MSCI Utilities Index ETF during the 2nd quarter worth about $70,000.

Fidelity MSCI Utilities Index ETF Stock Performance

Shares of FUTY stock opened at $54.35 on Thursday. Fidelity MSCI Utilities Index ETF has a 52 week low of $45.94 and a 52 week high of $60.56. The company has a market capitalization of $2.13 billion, a price-to-earnings ratio of 20.34 and a beta of 0.61. The company has a 50-day simple moving average of $56.50 and a 200 day simple moving average of $55.74.

Fidelity MSCI Utilities Index ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

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