Stifel Financial Corp Acquires 4,932 Shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Stifel Financial Corp raised its stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 24.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 25,113 shares of the company’s stock after buying an additional 4,932 shares during the quarter. Stifel Financial Corp owned about 0.09% of Fidelity MSCI Utilities Index ETF worth $1,225,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Wilmington Savings Fund Society FSB bought a new position in Fidelity MSCI Utilities Index ETF during the 3rd quarter worth about $28,000. Sound Income Strategies LLC bought a new position in shares of Fidelity MSCI Utilities Index ETF during the fourth quarter worth about $27,000. Rialto Wealth Management LLC acquired a new stake in Fidelity MSCI Utilities Index ETF in the 4th quarter valued at approximately $37,000. Tradewinds Capital Management LLC bought a new stake in Fidelity MSCI Utilities Index ETF in the 4th quarter valued at approximately $60,000. Finally, Roxbury Financial LLC acquired a new position in Fidelity MSCI Utilities Index ETF during the 4th quarter worth approximately $74,000.

Fidelity MSCI Utilities Index ETF Stock Down 0.9 %

NYSEARCA FUTY opened at $51.67 on Friday. The firm’s 50 day moving average is $50.24 and its 200-day moving average is $50.47. The company has a market capitalization of $1.74 billion, a PE ratio of 20.11 and a beta of 0.57. Fidelity MSCI Utilities Index ETF has a 12-month low of $43.62 and a 12-month high of $53.65.

Fidelity MSCI Utilities Index ETF 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.