Miracle Mile Advisors LLC Buys Shares of 118,320 Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Miracle Mile Advisors LLC purchased a new position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 118,320 shares of the company’s stock, valued at approximately $2,821,000. Miracle Mile Advisors LLC owned approximately 0.16% of Fidelity MSCI Energy Index ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of FENY. Commonwealth Equity Services LLC boosted its position in shares of Fidelity MSCI Energy Index ETF by 3.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,326,336 shares of the company’s stock valued at $31,938,000 after purchasing an additional 43,560 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Fidelity MSCI Energy Index ETF by 13.8% during 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 last quarter. HighTower Advisors LLC boosted its stake in shares of Fidelity MSCI Energy Index ETF by 0.4% during the 3rd quarter. HighTower Advisors LLC now owns 882,644 shares of the company’s stock worth $21,217,000 after acquiring an additional 3,703 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Fidelity MSCI Energy Index ETF by 1.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 787,675 shares of the company’s stock worth $19,763,000 after acquiring an additional 9,060 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in shares of 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 worth $6,977,000 after purchasing an additional 70,184 shares during the period.

Fidelity MSCI Energy Index ETF Trading Up 2.1 %

Shares of FENY opened at $25.14 on Tuesday. The business’s 50-day moving average price is $25.06 and its 200 day moving average price is $24.80. The stock has a market capitalization of $1.83 billion, a P/E 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.