Callan Capital LLC Makes New $367,000 Investment in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY)

Callan Capital LLC purchased a new stake in Fidelity MSCI Utilities Index ETF (NYSEARCA:FUTY) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 8,974 shares of the company’s stock, valued at approximately $367,000.

Several other hedge funds have also modified their holdings of FUTY. CWM LLC acquired a new position in Fidelity MSCI Utilities Index ETF during the third quarter worth about $26,000. O Shaughnessy Asset Management LLC acquired a new stake in shares of Fidelity MSCI Utilities Index ETF in the 3rd quarter worth approximately $90,000. SYM FINANCIAL Corp purchased a new position in Fidelity MSCI Utilities Index ETF in the 3rd quarter valued at approximately $155,000. BKM Wealth Management LLC acquired a new position in Fidelity MSCI Utilities Index ETF during the fourth quarter worth $215,000. Finally, Calton & Associates Inc. purchased a new stake in Fidelity MSCI Utilities Index ETF during the third quarter worth $204,000.

Fidelity MSCI Utilities Index ETF Trading Down 1.1 %

Shares of FUTY stock traded down $0.47 during mid-day trading on Friday, reaching $42.69. The stock had a trading volume of 86,795 shares, compared to its average volume of 277,545. The company has a market cap of $1.15 billion, a P/E ratio of 21.47 and a beta of 0.55. Fidelity MSCI Utilities Index ETF has a 12-month low of $35.32 and a 12-month high of $44.96. The business has a 50-day simple moving average of $41.20 and a 200 day simple moving average of $40.20.

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.