Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) Shares Acquired by Monumental Financial Group Inc.

Monumental Financial Group Inc. grew its holdings in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 4.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 68,430 shares of the company’s stock after acquiring an additional 3,073 shares during the quarter. Fidelity MSCI Utilities Index ETF accounts for approximately 1.5% of Monumental Financial Group Inc.’s holdings, making the stock its 14th largest holding. Monumental Financial Group Inc. owned 0.25% of Fidelity MSCI Utilities Index ETF worth $2,903,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Maltin Wealth Management Inc. raised its stake in shares of Fidelity MSCI Utilities Index ETF by 7.6% in the first quarter. Maltin Wealth Management Inc. now owns 37,177 shares of the company’s stock worth $1,577,000 after purchasing an additional 2,618 shares during the last quarter. Brookstone Capital Management raised its stake in shares of Fidelity MSCI Utilities Index ETF by 6.0% in the first quarter. Brookstone Capital Management now owns 147,336 shares of the company’s stock worth $6,250,000 after purchasing an additional 8,295 shares during the last quarter. Atlas Capital Advisors LLC raised its stake in shares of Fidelity MSCI Utilities Index ETF by 7.3% in the first quarter. Atlas Capital Advisors LLC now owns 20,049 shares of the company’s stock worth $850,000 after purchasing an additional 1,363 shares during the last quarter. Dynamic Advisor Solutions LLC raised its stake in shares of Fidelity MSCI Utilities Index ETF by 18.0% in the first quarter. Dynamic Advisor Solutions LLC now owns 77,218 shares of the company’s stock worth $3,276,000 after purchasing an additional 11,791 shares during the last quarter. Finally, Ballentine Partners LLC purchased a new position in shares of Fidelity MSCI Utilities Index ETF in the first quarter worth about $322,000.

Fidelity MSCI Utilities Index ETF Price Performance

FUTY stock traded down $0.47 during trading on Friday, hitting $43.96. 141,150 shares of the company traded hands, compared to its average volume of 234,417. The stock’s 50-day simple moving average is $45.09 and its 200 day simple moving average is $42.17. The company has a market cap of $1.16 billion, a PE ratio of 22.79 and a beta of 0.50. Fidelity MSCI Utilities Index ETF has a 1 year low of $35.32 and a 1 year high of $47.02.

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.