Raymond James Financial Services Advisors Inc. Buys 6,149 Shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Raymond James Financial Services Advisors Inc. grew its stake in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Get Rating) by 12.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 53,797 shares of the company’s stock after acquiring an additional 6,149 shares during the quarter. Raymond James Financial Services Advisors Inc. owned about 0.11% of Fidelity MSCI Utilities Index ETF worth $2,452,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Gibson Wealth Advisors LLC lifted its position in shares of Fidelity MSCI Utilities Index ETF by 6,200.0% during the 4th quarter. Gibson Wealth Advisors LLC now owns 1,287,720 shares of the company’s stock worth $56,653,000 after buying an additional 1,267,280 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Fidelity MSCI Utilities Index ETF by 62.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 764,926 shares of the company’s stock worth $32,295,000 after buying an additional 293,759 shares during the last quarter. Vicus Capital bought a new stake in shares of Fidelity MSCI Utilities Index ETF during the 3rd quarter worth $9,320,000. Q3 Asset Management bought a new stake in shares of Fidelity MSCI Utilities Index ETF during the 3rd quarter worth $9,211,000. Finally, Envestnet Asset Management Inc. lifted its position in shares of Fidelity MSCI Utilities Index ETF by 100.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 381,683 shares of the company’s stock worth $17,397,000 after buying an additional 190,889 shares during the last quarter.

Fidelity MSCI Utilities Index ETF Stock Down 0.3 %

Shares of FUTY opened at $42.61 on Wednesday. Fidelity MSCI Utilities Index ETF has a 12-month low of $39.14 and a 12-month high of $50.25. The business has a 50-day simple moving average of $43.91 and a two-hundred day simple moving average of $44.45. The stock has a market cap of $2.01 billion, a PE ratio of 24.22 and a beta of 0.54.

About Fidelity MSCI Utilities Index ETF

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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.