Accel Wealth Management Decreases Stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Accel Wealth Management lowered its position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 12.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,599 shares of the company’s stock after selling 1,033 shares during the quarter. Accel Wealth Management’s holdings in Fidelity MSCI Utilities Index ETF were worth $322,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in FUTY. Yoder Wealth Management Inc. lifted its position in shares of Fidelity MSCI Utilities Index ETF by 13.2% during the 1st quarter. Yoder Wealth Management Inc. now owns 32,455 shares of the company’s stock worth $1,377,000 after buying an additional 3,788 shares during the last quarter. Monumental Financial Group Inc. lifted its position in shares of Fidelity MSCI Utilities Index ETF by 4.7% during the 1st quarter. Monumental Financial Group Inc. now owns 68,430 shares of the company’s stock worth $2,903,000 after buying an additional 3,073 shares during the last quarter. Maltin Wealth Management Inc. lifted its position in shares of Fidelity MSCI Utilities Index ETF by 7.6% during the 1st quarter. Maltin Wealth Management Inc. now owns 37,177 shares of the company’s stock worth $1,577,000 after buying an additional 2,618 shares during the last quarter. Brookstone Capital Management lifted its position in shares of Fidelity MSCI Utilities Index ETF by 6.0% during the 1st quarter. Brookstone Capital Management now owns 147,336 shares of the company’s stock worth $6,250,000 after buying an additional 8,295 shares during the last quarter. Finally, Atlas Capital Advisors LLC lifted its position in shares of Fidelity MSCI Utilities Index ETF by 7.3% during the 1st quarter. Atlas Capital Advisors LLC now owns 20,049 shares of the company’s stock worth $850,000 after buying an additional 1,363 shares during the last quarter.

Fidelity MSCI Utilities Index ETF Trading Up 0.5 %

Shares of NYSEARCA:FUTY opened at $44.08 on Friday. The company has a market capitalization of $1.17 billion, a PE ratio of 22.79 and a beta of 0.50. Fidelity MSCI Utilities Index ETF has a twelve month low of $35.32 and a twelve month high of $47.02. The firm has a 50 day simple moving average of $45.17 and a 200-day simple moving average of $42.24.

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.