Savvy Advisors Inc. Purchases New Shares in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Savvy Advisors Inc. acquired a new position in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 9,492 shares of the company’s stock, valued at approximately $229,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Axiom Advisory LLC increased its position in Fidelity MSCI Energy Index ETF by 2.4% during the third quarter. Axiom Advisory LLC now owns 19,594 shares of the company’s stock worth $481,000 after acquiring an additional 463 shares during the period. Jacobi Capital Management LLC raised its position in shares of Fidelity MSCI Energy Index ETF by 0.4% in the first quarter. Jacobi Capital Management LLC now owns 119,696 shares of the company’s stock valued at $3,097,000 after buying an additional 525 shares in the last quarter. Sinecera Capital LLC boosted its stake in shares of Fidelity MSCI Energy Index ETF by 1.1% in the second quarter. Sinecera Capital LLC now owns 51,549 shares of the company’s stock valued at $1,293,000 after buying an additional 552 shares during the period. Lynch & Associates IN grew its position in Fidelity MSCI Energy Index ETF by 1.3% during the second quarter. Lynch & Associates IN now owns 50,201 shares of the company’s stock worth $1,260,000 after buying an additional 631 shares in the last quarter. Finally, Leuthold Group LLC increased its stake in Fidelity MSCI Energy Index ETF by 0.9% during the 2nd quarter. Leuthold Group LLC now owns 76,534 shares of the company’s stock worth $1,920,000 after acquiring an additional 668 shares during the period.

Fidelity MSCI Energy Index ETF Stock Performance

NYSEARCA:FENY opened at $26.00 on Thursday. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 8.27 and a beta of 0.50. Fidelity MSCI Energy Index ETF has a fifty-two week low of $21.73 and a fifty-two week high of $27.11. The stock has a fifty day moving average price of $24.55 and a 200-day moving average price of $24.87.

Fidelity MSCI Energy Index ETF Company 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.