Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Shares Sold by IFP Advisors Inc

IFP Advisors Inc trimmed its stake in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 58.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,186 shares of the company’s stock after selling 7,380 shares during the quarter. IFP Advisors Inc’s holdings in Fidelity MSCI Energy Index ETF were worth $124,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. HighTower Advisors LLC grew its holdings in shares of Fidelity MSCI Energy Index ETF by 0.4% during the third quarter. HighTower Advisors LLC now owns 882,644 shares of the company’s stock valued at $21,217,000 after buying an additional 3,703 shares in the last quarter. Investmark Advisory Group LLC raised its position in Fidelity MSCI Energy Index ETF by 10.8% during the third quarter. Investmark Advisory Group LLC now owns 9,845 shares of the company’s stock valued at $237,000 after buying an additional 958 shares during the period. Savvy Advisors Inc. acquired a new position in Fidelity MSCI Energy Index ETF during the third quarter valued at $229,000. D.A. Davidson & CO. raised its position in Fidelity MSCI Energy Index ETF by 2.9% during the third quarter. D.A. Davidson & CO. now owns 44,780 shares of the company’s stock valued at $1,078,000 after buying an additional 1,252 shares during the period. Finally, Principal Securities Inc. raised its position in Fidelity MSCI Energy Index ETF by 22.3% during the fourth quarter. Principal Securities Inc. now owns 25,388 shares of the company’s stock valued at $605,000 after buying an additional 4,625 shares during the period.

Fidelity MSCI Energy Index ETF Price Performance

Shares of FENY stock opened at $23.81 on Wednesday. Fidelity MSCI Energy Index ETF has a fifty-two week low of $22.72 and a fifty-two week high of $27.11. The stock’s 50-day moving average is $24.80 and its two-hundred day moving average is $24.83. The firm has a market cap of $1.48 billion, a P/E ratio of 13.83 and a beta of 1.25.

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.