Patriot Financial Group Insurance Agency LLC Increases Position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Patriot Financial Group Insurance Agency LLC grew its holdings in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 4.2% during the third quarter, HoldingsChannel reports. The institutional investor owned 64,817 shares of the company’s stock after buying an additional 2,599 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Fidelity MSCI Energy Index ETF were worth $1,561,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of FENY. Private Advisor Group LLC increased its stake in Fidelity MSCI Energy Index ETF by 345.2% in the 2nd quarter. Private Advisor Group LLC now owns 216,890 shares of the company’s stock worth $5,442,000 after buying an additional 168,173 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Fidelity MSCI Energy Index ETF by 13.8% during the second quarter. Envestnet Asset Management Inc. now owns 1,059,484 shares of the company’s stock worth $26,582,000 after acquiring an additional 128,161 shares during the period. Tidal Investments LLC bought a new stake in shares of Fidelity MSCI Energy Index ETF during the first quarter valued at approximately $1,924,000. Cetera Investment Advisers boosted its holdings in shares of Fidelity MSCI Energy Index ETF by 33.8% in the second quarter. Cetera Investment Advisers now owns 278,076 shares of the company’s stock valued at $6,977,000 after purchasing an additional 70,184 shares during the period. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of Fidelity MSCI Energy Index ETF by 5.4% in the second quarter. Commonwealth Equity Services LLC now owns 1,282,776 shares of the company’s stock valued at $32,185,000 after purchasing an additional 65,763 shares during the period.

Fidelity MSCI Energy Index ETF Stock Performance

FENY traded down $0.30 during trading on Monday, hitting $24.34. 262,376 shares of the stock were exchanged, compared to its average volume of 711,775. The firm has a 50 day simple moving average of $24.50 and a 200 day simple moving average of $24.97. The firm has a market cap of $1.77 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 $21.73 and a 1 year high of $27.11.

About Fidelity MSCI Energy Index ETF

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.