NewEdge Advisors LLC lowered its stake in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY – Free Report) by 64.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,767 shares of the company’s stock after selling 81,937 shares during the period. NewEdge Advisors LLC owned about 0.07% of Fidelity MSCI Energy Index ETF worth $1,557,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also recently modified their holdings of FENY. Bank of America Corp DE lifted its stake in Fidelity MSCI Energy Index ETF by 15.6% in the 1st quarter. Bank of America Corp DE now owns 238,526 shares of the company’s stock valued at $8,115,000 after buying an additional 32,166 shares in the last quarter. Arete Wealth Advisors LLC purchased a new stake in Fidelity MSCI Energy Index ETF during the 1st quarter worth approximately $348,000. Eley Financial Management Inc increased its stake in Fidelity MSCI Energy Index ETF by 9.1% during the 1st quarter. Eley Financial Management Inc now owns 175,572 shares of the company’s stock worth $5,973,000 after buying an additional 14,707 shares in the last quarter. Quantinno Capital Management LP acquired a new position in shares of Fidelity MSCI Energy Index ETF during the first quarter valued at approximately $327,000. Finally, Gateway Wealth Partners LLC acquired a new position in shares of Fidelity MSCI Energy Index ETF during the first quarter valued at approximately $426,000.
Fidelity MSCI Energy Index ETF Price Performance
NYSEARCA FENY opened at $33.05 on Friday. The stock’s 50 day simple moving average is $31.33 and its 200-day simple moving average is $31.10. The company has a market cap of $2.01 billion, a PE ratio of 15.17 and a beta of 0.43. Fidelity MSCI Energy Index ETF has a 1-year low of $23.23 and a 1-year high of $35.26.
About Fidelity MSCI Energy Index ETF
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.
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