Sanctuary Advisors LLC Lowers Stock Holdings in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Sanctuary Advisors LLC lessened its position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 25.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,016 shares of the company’s stock after selling 1,680 shares during the quarter. Sanctuary Advisors LLC’s holdings in Fidelity MSCI Utilities Index ETF were worth $263,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of FUTY. Stifel Financial Corp grew its position in Fidelity MSCI Utilities Index ETF by 97.9% in the 3rd quarter. Stifel Financial Corp now owns 20,181 shares of the company’s stock valued at $1,046,000 after acquiring an additional 9,985 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in shares of Fidelity MSCI Utilities Index ETF in the third quarter valued at approximately $56,000. Private Advisor Group LLC increased its stake in Fidelity MSCI Utilities Index ETF by 74.8% during the 2nd quarter. Private Advisor Group LLC now owns 39,089 shares of the company’s stock worth $1,718,000 after buying an additional 16,725 shares during the period. Beam Wealth Advisors Inc. lifted its holdings in Fidelity MSCI Utilities Index ETF by 2.1% during the 3rd quarter. Beam Wealth Advisors Inc. now owns 18,452 shares of the company’s stock worth $956,000 after buying an additional 374 shares in the last quarter. Finally, Harbour Investments Inc. boosted its position in Fidelity MSCI Utilities Index ETF by 3.7% in the 3rd quarter. Harbour Investments Inc. now owns 15,940 shares of the company’s stock valued at $826,000 after buying an additional 575 shares during the period.

Fidelity MSCI Utilities Index ETF Stock Down 0.3 %

NYSEARCA:FUTY opened at $48.98 on Friday. The company has a market cap of $1.30 billion, a price-to-earnings ratio of 22.79 and a beta of 0.50. Fidelity MSCI Utilities Index ETF has a 52 week low of $38.17 and a 52 week high of $53.65. The company has a fifty day simple moving average of $50.93 and a two-hundred day simple moving average of $48.95.

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.