Sunbelt Securities Inc. Lowers Holdings in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Sunbelt Securities Inc. decreased its holdings in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 44.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,433 shares of the company’s stock after selling 28,623 shares during the period. Sunbelt Securities Inc. owned 0.05% of Fidelity MSCI Energy Index ETF worth $943,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in FENY. Mariner LLC increased its holdings in Fidelity MSCI Energy Index ETF by 73.7% in the 3rd quarter. Mariner LLC now owns 172,541 shares of the company’s stock valued at $4,298,000 after acquiring an additional 73,236 shares during the last quarter. Essex Financial Services Inc. increased its holdings in shares of Fidelity MSCI Energy Index ETF by 8.2% in the third quarter. Essex Financial Services Inc. now owns 52,056 shares of the company’s stock worth $1,297,000 after purchasing an additional 3,943 shares during the last quarter. VitalStone Financial LLC purchased a new stake in shares of Fidelity MSCI Energy Index ETF in the third quarter worth about $237,000. Integrated Advisors Network LLC boosted its stake in Fidelity MSCI Energy Index ETF by 58.5% during the third quarter. Integrated Advisors Network LLC now owns 20,891 shares of the company’s stock valued at $520,000 after buying an additional 7,710 shares during the last quarter. Finally, Beacon Capital Management LLC bought a new position in Fidelity MSCI Energy Index ETF during the fourth quarter valued at approximately $62,000.

Fidelity MSCI Energy Index ETF Price Performance

NYSEARCA:FENY opened at $24.99 on Friday. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 8.27 and a beta of 0.50. Fidelity MSCI Energy Index ETF has a 1 year low of $21.32 and a 1 year high of $27.11. The stock’s 50 day simple moving average is $25.33 and its two-hundred day simple moving average is $24.40.

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.