Lifeworks Advisors LLC Raises Stock Holdings in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Lifeworks Advisors LLC grew its position in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 312.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,469 shares of the company’s stock after acquiring an additional 23,074 shares during the quarter. Lifeworks Advisors LLC owned about 0.12% of Fidelity MSCI Utilities Index ETF worth $1,486,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Centennial Wealth Advisory LLC boosted its stake in Fidelity MSCI Utilities Index ETF by 4.4% during the 4th quarter. Centennial Wealth Advisory LLC now owns 6,542 shares of the company’s stock worth $319,000 after purchasing an additional 276 shares during the period. Glen Eagle Advisors LLC boosted its stake in shares of Fidelity MSCI Utilities Index ETF by 21.4% during the third quarter. Glen Eagle Advisors LLC now owns 1,604 shares of the company’s stock worth $83,000 after buying an additional 283 shares during the period. Global Retirement Partners LLC grew its holdings in shares of Fidelity MSCI Utilities Index ETF by 12.8% during the fourth quarter. Global Retirement Partners LLC now owns 2,769 shares of the company’s stock worth $135,000 after buying an additional 315 shares during the last quarter. Maltin Wealth Management Inc. increased its position in Fidelity MSCI Utilities Index ETF by 0.8% in the 4th quarter. Maltin Wealth Management Inc. now owns 41,578 shares of the company’s stock valued at $2,028,000 after acquiring an additional 331 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in Fidelity MSCI Utilities Index ETF by 4.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,052 shares of the company’s stock valued at $393,000 after acquiring an additional 356 shares during the last quarter.

Fidelity MSCI Utilities Index ETF Trading Up 1.9 %

Shares of FUTY stock opened at $49.95 on Friday. The company has a market capitalization of $1.64 billion, a P/E ratio of 21.01 and a beta of 0.65. The business’s 50 day moving average is $50.22 and its two-hundred day moving average is $50.52. Fidelity MSCI Utilities Index ETF has a twelve month low of $40.34 and a twelve month 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.