Maxele Advisors LLC Buys Shares of 97,987 Fidelity MSCI Energy Index ETF $FENY

Maxele Advisors LLC bought a new position in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) during the third quarter, Holdings Channel reports. The institutional investor bought 97,987 shares of the company’s stock, valued at approximately $2,422,000. Fidelity MSCI Energy Index ETF accounts for 2.1% of Maxele Advisors LLC’s portfolio, making the stock its 16th biggest holding.

A number of other large investors also recently modified their holdings of the business. Mercer Global Advisors Inc. ADV bought a new position in shares of Fidelity MSCI Energy Index ETF in the 3rd quarter worth about $1,862,000. Lido Advisors LLC grew its position in shares of Fidelity MSCI Energy Index ETF by 9.7% during the 3rd quarter. Lido Advisors LLC now owns 1,713,695 shares of the company’s stock valued at $42,363,000 after buying an additional 151,870 shares during the last quarter. Citadel Advisors LLC grew its position in shares of Fidelity MSCI Energy Index ETF by 191.9% during the 3rd quarter. Citadel Advisors LLC now owns 193,663 shares of the company’s stock valued at $4,787,000 after buying an additional 127,320 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Fidelity MSCI Energy Index ETF by 4.4% during the third quarter. Ameriprise Financial Inc. now owns 179,272 shares of the company’s stock worth $4,424,000 after acquiring an additional 7,526 shares during the period. Finally, Raymond James Financial Inc. raised its stake in Fidelity MSCI Energy Index ETF by 64.3% during the third quarter. Raymond James Financial Inc. now owns 75,980 shares of the company’s stock worth $1,878,000 after acquiring an additional 29,723 shares during the period.

Fidelity MSCI Energy Index ETF Stock Up 0.3%

Shares of NYSEARCA FENY opened at $32.08 on Tuesday. The firm’s 50-day moving average price is $29.01 and its two-hundred day moving average price is $26.23. Fidelity MSCI Energy Index ETF has a 52-week low of $20.31 and a 52-week high of $32.22. The stock has a market capitalization of $1.72 billion, a P/E ratio of 15.17 and a beta of 0.77.

Fidelity MSCI Energy Index ETF Company 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.