Fidelity MSCI Utilities Index ETF $FUTY Shares Sold by Primoris Wealth Advisors LLC

by · The Cerbat Gem

Primoris Wealth Advisors LLC cut its stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY – Free Report) by 38.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,675 shares of the company’s stock after selling 17,750 shares during the period. Primoris Wealth Advisors LLC owned about 0.08% of Fidelity MSCI Utilities Index ETF worth $1,619,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Hilltop National Bank acquired a new stake in shares of Fidelity MSCI Utilities Index ETF in the second quarter valued at approximately $26,000. Briaud Financial Planning Inc purchased a new stake in Fidelity MSCI Utilities Index ETF in the 2nd quarter valued at $30,000. ORG Partners LLC acquired a new stake in Fidelity MSCI Utilities Index ETF during the 2nd quarter worth $32,000. IMG Wealth Management Inc. purchased a new position in Fidelity MSCI Utilities Index ETF during the 2nd quarter worth $34,000. Finally, Eastern Bank purchased a new position in Fidelity MSCI Utilities Index ETF during the 2nd quarter worth $70,000.

Fidelity MSCI Utilities Index ETF Stock Performance

Shares of FUTY opened at $55.28 on Tuesday. Fidelity MSCI Utilities Index ETF has a fifty-two week low of $45.94 and a fifty-two week high of $60.56. The firm has a 50-day simple moving average of $56.34 and a 200-day simple moving average of $55.82. The company has a market capitalization of $2.17 billion, a price-to-earnings ratio of 20.34 and a beta of 0.61.

Fidelity MSCI Utilities Index ETF Profile

(Free Report)

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.

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