Lynch & Associates IN Purchases 1,356 Shares of Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Lynch & Associates IN raised its holdings in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) by 12.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,245 shares of the company’s stock after purchasing an additional 1,356 shares during the quarter. Lynch & Associates IN’s holdings in Fidelity MSCI Utilities Index ETF were worth $538,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. PFG Advisors lifted its position in shares of Fidelity MSCI Utilities Index ETF by 5.8% during the first quarter. PFG Advisors now owns 5,705 shares of the company’s stock worth $242,000 after acquiring an additional 312 shares in the last quarter. American National Bank lifted its stake in shares of Fidelity MSCI Utilities Index ETF by 27.8% in the 2nd quarter. American National Bank now owns 1,616 shares of the company’s stock valued at $71,000 after acquiring an additional 352 shares during the last quarter. Conrad Siegel Investment Advisors Inc. boosted its holdings in Fidelity MSCI Utilities Index ETF by 0.5% during the 1st quarter. Conrad Siegel Investment Advisors Inc. now owns 75,039 shares of the company’s stock valued at $3,183,000 after acquiring an additional 391 shares during the period. CWM LLC boosted its holdings in Fidelity MSCI Utilities Index ETF by 66.1% during the 2nd quarter. CWM LLC now owns 1,146 shares of the company’s stock valued at $50,000 after acquiring an additional 456 shares during the period. Finally, Harbour Investments Inc. grew its position in Fidelity MSCI Utilities Index ETF by 3.4% during the 2nd quarter. Harbour Investments Inc. now owns 15,365 shares of the company’s stock worth $675,000 after acquiring an additional 501 shares during the last quarter.

Fidelity MSCI Utilities Index ETF Stock Down 0.9 %

NYSEARCA:FUTY opened at $48.85 on Friday. The firm has a market capitalization of $1.29 billion, a P/E ratio of 22.79 and a beta of 0.50. The company has a fifty day moving average of $46.85 and a 200 day moving average of $44.52. Fidelity MSCI Utilities Index ETF has a 52 week low of $35.32 and a 52 week high of $49.86.

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.