Northwestern Mutual Wealth Management Co. Buys 9,060 Shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Northwestern Mutual Wealth Management Co. lifted its position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 1.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 787,675 shares of the company’s stock after purchasing an additional 9,060 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 1.08% of Fidelity MSCI Energy Index ETF worth $19,763,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Creative Planning increased its stake in Fidelity MSCI Energy Index ETF by 4.6% in the 2nd quarter. Creative Planning now owns 25,995 shares of the company’s stock worth $652,000 after acquiring an additional 1,148 shares during the last quarter. Prairie Wealth Advisors Inc. increased its position in Fidelity MSCI Energy Index ETF by 5.1% in the second quarter. Prairie Wealth Advisors Inc. now owns 29,650 shares of the company’s stock worth $744,000 after purchasing an additional 1,430 shares during the last quarter. Leuthold Group LLC raised its stake in Fidelity MSCI Energy Index ETF by 0.9% during the second quarter. Leuthold Group LLC now owns 76,534 shares of the company’s stock valued at $1,920,000 after purchasing an additional 668 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Fidelity MSCI Energy Index ETF by 13.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,059,484 shares of the company’s stock worth $26,582,000 after buying an additional 128,161 shares in the last quarter. Finally, AGF Management Ltd. increased its holdings in shares of Fidelity MSCI Energy Index ETF by 18.4% in the 2nd quarter. AGF Management Ltd. now owns 201,588 shares of the company’s stock worth $5,058,000 after buying an additional 31,289 shares during the last quarter.

Fidelity MSCI Energy Index ETF Trading Up 0.7 %

Shares of NYSEARCA FENY opened at $24.08 on Tuesday. The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of 8.27 and a beta of 0.50. Fidelity MSCI Energy Index ETF has a 12-month low of $21.73 and a 12-month high of $27.11. The firm’s 50-day moving average price is $24.43 and its 200-day moving average price is $25.10.

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.