Miller Howard Investments Inc. NY Acquires 31,234 Shares of Fidelity MSCI Utilities Index ETF $FUTY

Miller Howard Investments Inc. NY acquired a new stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) in the 3rd quarter, Holdings Channel reports. The firm acquired 31,234 shares of the company’s stock, valued at approximately $1,594,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FUTY. Apollon Wealth Management LLC increased its stake in Fidelity MSCI Utilities Index ETF by 4.8% in the third quarter. Apollon Wealth Management LLC now owns 158,299 shares of the company’s stock valued at $8,081,000 after acquiring an additional 7,271 shares during the period. Live Oak Investment Partners boosted its holdings in shares of Fidelity MSCI Utilities Index ETF by 4.6% in the 3rd quarter. Live Oak Investment Partners now owns 5,126 shares of the company’s stock worth $262,000 after acquiring an additional 224 shares in the last quarter. Sigma Planning Corp acquired a new position in shares of Fidelity MSCI Utilities Index ETF in the 3rd quarter worth approximately $1,194,000. Signaturefd LLC acquired a new position in shares of Fidelity MSCI Utilities Index ETF in the 3rd quarter worth approximately $26,000. Finally, Smith Shellnut Wilson LLC ADV bought a new stake in Fidelity MSCI Utilities Index ETF during the 3rd quarter worth approximately $219,000.

Fidelity MSCI Utilities Index ETF Price Performance

NYSEARCA FUTY opened at $55.32 on Wednesday. The stock’s 50 day simple moving average is $53.99 and its 200 day simple moving average is $57.15. Fidelity MSCI Utilities Index ETF has a one year low of $50.53 and a one year high of $61.51. The firm has a market cap of $2.06 billion, a PE ratio of 20.34 and a beta of 0.57.

Fidelity MSCI Utilities Index ETF Company 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.