Sunbelt Securities Inc. trimmed its stake in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY – Free Report) by 24.0% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 58,124 shares of the company’s stock after selling 18,347 shares during the quarter. Sunbelt Securities Inc. owned approximately 0.11% of Fidelity MSCI Energy Index ETF worth $1,440,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of the company. Deutsche Bank AG bought a new position in shares of Fidelity MSCI Energy Index ETF during the fourth quarter worth about $25,000. Principia Wealth Advisory LLC lifted its position in Fidelity MSCI Energy Index ETF by 2,961.0% in the 4th quarter. Principia Wealth Advisory LLC now owns 1,255 shares of the company’s stock valued at $31,000 after purchasing an additional 1,214 shares during the last quarter. Allworth Financial LP boosted its stake in Fidelity MSCI Energy Index ETF by 40.3% during the 3rd quarter. Allworth Financial LP now owns 1,745 shares of the company’s stock valued at $43,000 after purchasing an additional 501 shares during the period. Godfrey Financial Associates Inc. acquired a new position in Fidelity MSCI Energy Index ETF during the 4th quarter valued at about $49,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in Fidelity MSCI Energy Index ETF in the 3rd quarter worth about $54,000.
Fidelity MSCI Energy Index ETF Stock Performance
NYSEARCA FENY opened at $29.66 on Friday. The company has a 50-day moving average price of $31.94 and a two-hundred day moving average price of $29.82. Fidelity MSCI Energy Index ETF has a 52 week low of $23.23 and a 52 week high of $35.26. The stock has a market cap of $1.85 billion, a price-to-earnings ratio of 15.17 and a beta of 0.42.
Fidelity MSCI Energy Index ETF Profile
The Fidelity MSCI Energy Index ETF (FENY) is an exchange-traded fund that is based on the MSCI USA IMI Energy 25\u002F50 index, a market-cap-weighted index of US energy companies FENY was launched on Oct 24, 2013 and is managed by Fidelity.
Further Reading
- Five stocks we like better than Fidelity MSCI Energy Index ETF
- Aehr Spikes on New Order, But Has Stock Gotten Ahead of Itself?
- Rackspace’s AI Land Grab: Plugging Into the Next Compute Boom
- Satellogic Is Tiny But Its Revenue Growth Is Hard to Ignore
- Why Kroger’s Pullback Could Be a Gift for Patient Investors
Want to see what other hedge funds are holding FENY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity MSCI Energy Index ETF (NYSEARCA:FENY – Free Report).
Receive News & Ratings for Fidelity MSCI Energy Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity MSCI Energy Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
