Western Wealth Management LLC Lowers Position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Western Wealth Management LLC lessened its holdings in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 1.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,684 shares of the company’s stock after selling 729 shares during the quarter. Western Wealth Management LLC owned 0.07% of Fidelity MSCI Energy Index ETF worth $1,006,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Private Ocean LLC bought a new position in Fidelity MSCI Energy Index ETF in the 4th quarter valued at $26,000. Simplex Trading LLC grew its stake in shares of Fidelity MSCI Energy Index ETF by 235.3% during the 3rd quarter. Simplex Trading LLC now owns 1,425 shares of the company’s stock worth $35,000 after acquiring an additional 1,000 shares during the period. Captrust Financial Advisors grew its stake in shares of Fidelity MSCI Energy Index ETF by 146.7% during the 1st quarter. Captrust Financial Advisors now owns 1,850 shares of the company’s stock worth $39,000 after acquiring an additional 1,100 shares during the period. IFP Advisors Inc grew its stake in shares of Fidelity MSCI Energy Index ETF by 67.9% during the 3rd quarter. IFP Advisors Inc now owns 2,491 shares of the company’s stock worth $62,000 after acquiring an additional 1,007 shares during the period. Finally, Beacon Capital Management LLC bought a new position in shares of Fidelity MSCI Energy Index ETF during the 4th quarter worth $62,000.

Fidelity MSCI Energy Index ETF Stock Performance

FENY stock opened at $26.00 on Friday. The company has a market capitalization of $1.89 billion, a price-to-earnings ratio of 8.55 and a beta of 0.55. Fidelity MSCI Energy Index ETF has a fifty-two week low of $20.73 and a fifty-two week high of $27.11. The stock has a fifty day moving average of $24.88 and a 200-day moving average of $23.83.

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.