Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Hits New 1-Year High – Here’s What Happened

Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $35.99 and last traded at $35.70, with a volume of 172491 shares trading hands. The stock had previously closed at $35.45.

Fidelity MSCI Energy Index ETF Stock Up 0.6%

The firm’s fifty day moving average price is $32.39 and its two-hundred day moving average price is $32.07. The stock has a market capitalization of $2.16 billion, a PE ratio of 15.17 and a beta of 0.43.

Institutional Trading of Fidelity MSCI Energy Index ETF

Hedge funds have recently bought and sold shares of the company. Eley Financial Management Inc boosted its position in 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 lifted its stake in shares of Fidelity MSCI Energy Index ETF by 5.8% in the 4th quarter. Foundations Investment Advisors LLC now owns 10,337 shares of the company’s stock worth $256,000 after purchasing an additional 571 shares during the period. Harbour Investments Inc. lifted its stake in shares of 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 purchasing an additional 650 shares during the period. Smith Salley Wealth Management grew its position in Fidelity MSCI Energy Index ETF by 1.4% during the first quarter. Smith Salley Wealth Management now owns 48,705 shares of the company’s stock valued at $1,657,000 after buying an additional 663 shares during the period. Finally, D.A. Davidson & CO. grew its position in Fidelity MSCI Energy Index ETF by 1.6% during the first quarter. D.A. Davidson & CO. now owns 42,952 shares of the company’s stock valued at $1,461,000 after buying an additional 676 shares during the period.

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.