Wealth Quarterback LLC Trims Position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Wealth Quarterback LLC reduced its stake in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 3.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 167,464 shares of the company’s stock after selling 5,204 shares during the quarter. Fidelity MSCI Energy Index ETF comprises 1.9% of Wealth Quarterback LLC’s portfolio, making the stock its 9th biggest holding. Wealth Quarterback LLC’s holdings in Fidelity MSCI Energy Index ETF were worth $3,992,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. New Wave Wealth Advisors LLC bought a new position in shares of Fidelity MSCI Energy Index ETF during the fourth quarter valued at about $27,000. Eastern Bank bought a new stake in shares of Fidelity MSCI Energy Index ETF in the third quarter worth about $27,000. LRI Investments LLC grew its stake in shares of Fidelity MSCI Energy Index ETF by 791.2% in the third quarter. LRI Investments LLC now owns 4,536 shares of the company’s stock worth $118,000 after purchasing an additional 4,027 shares during the last quarter. Jackson Grant Investment Advisers Inc. bought a new stake in shares of Fidelity MSCI Energy Index ETF in the fourth quarter worth about $150,000. Finally, NBC Securities Inc. grew its stake in shares of Fidelity MSCI Energy Index ETF by 46.2% in the third quarter. NBC Securities Inc. now owns 6,665 shares of the company’s stock worth $160,000 after purchasing an additional 2,105 shares during the last quarter.

Fidelity MSCI Energy Index ETF Price Performance

NYSEARCA FENY opened at $24.88 on Monday. The stock has a market capitalization of $1.81 billion, a PE ratio of 8.27 and a beta of 0.50. Fidelity MSCI Energy Index ETF has a 1 year low of $22.72 and a 1 year high of $27.11. The business’s 50-day moving average is $24.64 and its 200 day moving average is $24.79.

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.