Stifel Financial Corp Has $1.05 Million Stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Stifel Financial Corp grew its position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 97.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,181 shares of the company’s stock after purchasing an additional 9,985 shares during the quarter. Stifel Financial Corp owned approximately 0.08% of Fidelity MSCI Utilities Index ETF worth $1,046,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. BNP Paribas Financial Markets acquired a new stake in Fidelity MSCI Utilities Index ETF in the 3rd quarter worth $56,000. Penobscot Wealth Management acquired a new stake in Fidelity MSCI Utilities Index ETF during the third quarter worth about $220,000. D.B. Root & Company LLC bought a new position in Fidelity MSCI Utilities Index ETF during the third quarter valued at about $227,000. Founders Financial Securities LLC acquired a new position in Fidelity MSCI Utilities Index ETF in the 2nd quarter valued at approximately $264,000. Finally, Arkadios Wealth Advisors lifted its position in shares of Fidelity MSCI Utilities Index ETF by 18.5% in the 2nd quarter. Arkadios Wealth Advisors now owns 6,275 shares of the company’s stock worth $276,000 after acquiring an additional 980 shares during the period.

Fidelity MSCI Utilities Index ETF Trading Up 0.4 %

FUTY opened at $48.98 on Tuesday. The stock’s 50 day simple moving average is $51.18 and its 200-day simple moving average is $48.90. The stock has a market cap of $1.30 billion, a PE ratio of 22.79 and a beta of 0.50. Fidelity MSCI Utilities Index ETF has a 1 year low of $38.17 and a 1 year high of $53.65.

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.