31,318 Shares in Fidelity MSCI Utilities Index ETF $FUTY Bought by Mach 1 Financial Group LLC

Mach 1 Financial Group LLC purchased a new position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 31,318 shares of the company’s stock, valued at approximately $1,729,000. Mach 1 Financial Group LLC owned 0.08% of Fidelity MSCI Utilities Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the stock. Flagship Harbor Advisors LLC increased its position in shares of Fidelity MSCI Utilities Index ETF by 2.1% in the third quarter. Flagship Harbor Advisors LLC now owns 11,057 shares of the company’s stock worth $624,000 after purchasing an additional 226 shares during the period. Rossby Financial LCC grew its position in Fidelity MSCI Utilities Index ETF by 4.9% in the third quarter. Rossby Financial LCC now owns 5,654 shares of the company’s stock valued at $322,000 after acquiring an additional 266 shares during the last quarter. Kestra Private Wealth Services LLC grew its position in Fidelity MSCI Utilities Index ETF by 7.6% in the fourth quarter. Kestra Private Wealth Services LLC now owns 4,462 shares of the company’s stock valued at $246,000 after acquiring an additional 314 shares during the last quarter. Nova Wealth Management Inc. grew its position in Fidelity MSCI Utilities Index ETF by 8.3% in the fourth quarter. Nova Wealth Management Inc. now owns 4,180 shares of the company’s stock valued at $231,000 after acquiring an additional 322 shares during the last quarter. Finally, Sovran Advisors LLC grew its position in Fidelity MSCI Utilities Index ETF by 4.7% in the fourth quarter. Sovran Advisors LLC now owns 7,797 shares of the company’s stock valued at $442,000 after acquiring an additional 350 shares during the last quarter.

Fidelity MSCI Utilities Index ETF Stock Up 0.5%

Fidelity MSCI Utilities Index ETF stock opened at $57.58 on Thursday. Fidelity MSCI Utilities Index ETF has a 12-month low of $51.05 and a 12-month high of $61.51. The business’s 50-day moving average price is $59.11 and its two-hundred day moving average price is $57.79. The stock has a market cap of $2.34 billion, a PE ratio of 20.34 and a beta of 0.62.

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.