Western Wealth Management LLC Makes New $682,000 Investment in Fidelity MSCI Energy Index ETF $FENY

Western Wealth Management LLC acquired a new stake in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,040 shares of the company’s stock, valued at approximately $682,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Eley Financial Management Inc raised its stake in shares of Fidelity MSCI Energy Index ETF by 0.3% in the first quarter. Eley Financial Management Inc now owns 161,414 shares of the company’s stock worth $5,491,000 after purchasing an additional 549 shares during the last quarter. Foundations Investment Advisors LLC boosted its position in Fidelity MSCI Energy Index ETF by 5.8% in the fourth quarter. Foundations Investment Advisors LLC now owns 10,337 shares of the company’s stock valued at $256,000 after buying an additional 571 shares during the last quarter. Harbour Investments Inc. increased its holdings in Fidelity MSCI Energy Index ETF by 4.8% in the 4th quarter. Harbour Investments Inc. now owns 14,265 shares of the company’s stock worth $353,000 after buying an additional 650 shares during the period. Smith Salley Wealth Management increased its holdings in Fidelity MSCI Energy Index ETF by 1.4% in the 1st quarter. Smith Salley Wealth Management now owns 48,705 shares of the company’s stock worth $1,657,000 after buying an additional 663 shares during the period. Finally, D.A. Davidson & CO. raised its position in Fidelity MSCI Energy Index ETF by 1.6% during the 1st quarter. D.A. Davidson & CO. now owns 42,952 shares of the company’s stock worth $1,461,000 after buying an additional 676 shares during the last quarter.

Fidelity MSCI Energy Index ETF Price Performance

Shares of Fidelity MSCI Energy Index ETF stock opened at $33.89 on Friday. The firm has a fifty day moving average price of $31.47 and a 200 day moving average price of $31.53. Fidelity MSCI Energy Index ETF has a 1 year low of $23.32 and a 1 year high of $35.26. The stock has a market cap of $2.06 billion, a PE ratio of 15.17 and a beta of 0.43.

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.