18,184 Shares in Fidelity MSCI Utilities Index ETF $FUTY Acquired by PFG Advisors

PFG Advisors acquired a new stake in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 18,184 shares of the company’s stock, valued at approximately $1,027,000.

Other large investors have also added to or reduced their stakes in the company. Atlantic Union Bankshares Corp bought a new stake in Fidelity MSCI Utilities Index ETF in the third quarter worth $39,000. Centaurus Financial Inc. bought a new position in shares of Fidelity MSCI Utilities Index ETF during the second quarter valued at $108,000. Qube Research & Technologies Ltd bought a new position in shares of Fidelity MSCI Utilities Index ETF during the second quarter valued at $147,000. CWM LLC raised its position in shares of Fidelity MSCI Utilities Index ETF by 260.8% in the 3rd quarter. CWM LLC now owns 2,886 shares of the company’s stock worth $163,000 after purchasing an additional 2,086 shares during the last quarter. Finally, Park Avenue Securities LLC purchased a new position in shares of Fidelity MSCI Utilities Index ETF in the 3rd quarter worth about $206,000.

Fidelity MSCI Utilities Index ETF Stock Performance

Shares of FUTY stock opened at $59.48 on Thursday. Fidelity MSCI Utilities Index ETF has a one year low of $45.94 and a one year high of $61.51. The company’s 50-day moving average is $57.58 and its 200 day moving average is $56.92. The company has a market capitalization of $2.36 billion, a price-to-earnings ratio of 20.34 and a beta of 0.61.

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.