Freedom Investment Management Inc. Sells 7,517 Shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Freedom Investment Management Inc. decreased its holdings in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 9.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,483 shares of the company’s stock after selling 7,517 shares during the period. Freedom Investment Management Inc.’s holdings in Fidelity MSCI Energy Index ETF were worth $1,745,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Private Advisor Group LLC raised its holdings in shares of 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 valued at $5,442,000 after purchasing an additional 168,173 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings 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 valued at $26,582,000 after acquiring an additional 128,161 shares during the period. Primoris Wealth Advisors LLC bought a new position in shares of Fidelity MSCI Energy Index ETF in the 3rd quarter worth $2,795,000. Tidal Investments LLC purchased a new stake in shares of Fidelity MSCI Energy Index ETF during the 1st quarter worth $1,924,000. Finally, Cetera Investment Advisers boosted its position in Fidelity MSCI Energy Index ETF by 33.8% during 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 in the last quarter.

Fidelity MSCI Energy Index ETF Stock Down 0.0 %

Shares of Fidelity MSCI Energy Index ETF stock opened at $26.30 on Thursday. The company has a market cap of $1.91 billion, a P/E ratio of 8.27 and a beta of 0.50. The firm’s 50 day moving average price is $25.15 and its 200-day moving average price is $24.93. Fidelity MSCI Energy Index ETF has a 52-week low of $21.73 and a 52-week high of $27.11.

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.