Glass Jacobson Investment Advisors llc Raises Stock Holdings in Fidelity MSCI Utilities Index ETF $FUTY

Glass Jacobson Investment Advisors llc boosted its holdings in shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 4.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,247 shares of the company’s stock after acquiring an additional 608 shares during the quarter. Glass Jacobson Investment Advisors llc’s holdings in Fidelity MSCI Utilities Index ETF were worth $697,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Gimbal Financial bought a new stake in shares of Fidelity MSCI Utilities Index ETF during the second quarter worth $8,882,000. AE Wealth Management LLC boosted its position in Fidelity MSCI Utilities Index ETF by 14.7% in the 1st quarter. AE Wealth Management LLC now owns 871,258 shares of the company’s stock valued at $44,391,000 after buying an additional 111,512 shares during the period. Arkadios Wealth Advisors boosted its position in Fidelity MSCI Utilities Index ETF by 1,476.0% in the 1st quarter. Arkadios Wealth Advisors now owns 83,354 shares of the company’s stock valued at $4,247,000 after buying an additional 78,065 shares during the period. LPL Financial LLC increased its position in shares of Fidelity MSCI Utilities Index ETF by 14.9% during the first quarter. LPL Financial LLC now owns 540,311 shares of the company’s stock worth $27,529,000 after acquiring an additional 70,212 shares during the period. Finally, Grant GrossMendelsohn LLC purchased a new stake in shares of Fidelity MSCI Utilities Index ETF in the first quarter valued at approximately $3,124,000.

Fidelity MSCI Utilities Index ETF Stock Performance

Shares of Fidelity MSCI Utilities Index ETF stock opened at $59.09 on Friday. The company has a market capitalization of $2.19 billion, a PE ratio of 20.34 and a beta of 0.54. The company has a 50-day simple moving average of $56.25 and a two-hundred day simple moving average of $53.78. Fidelity MSCI Utilities Index ETF has a one year low of $45.94 and a one year high of $60.56.

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.