VisionPoint Advisory Group LLC Takes $250,000 Position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

VisionPoint Advisory Group LLC bought a new position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) during the 4th quarter, Holdings Channel.com reports. The firm bought 10,350 shares of the company’s stock, valued at approximately $250,000.

Several other hedge funds also recently made changes to their positions in the company. Glass Jacobson Investment Advisors llc grew its holdings in Fidelity MSCI Energy Index ETF by 0.8% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 48,771 shares of the company’s stock worth $1,174,000 after acquiring an additional 403 shares during the last quarter. Lynch & Associates IN boosted its holdings in shares of Fidelity MSCI Energy Index ETF by 1.0% during the fourth quarter. Lynch & Associates IN now owns 52,437 shares of the company’s stock worth $1,250,000 after purchasing an additional 532 shares during the period. VCI Wealth Management LLC grew its stake in shares of Fidelity MSCI Energy Index ETF by 4.1% in the fourth quarter. VCI Wealth Management LLC now owns 15,902 shares of the company’s stock worth $379,000 after purchasing an additional 626 shares during the last quarter. Focus Financial Network Inc. increased its holdings in Fidelity MSCI Energy Index ETF by 5.8% during the 4th quarter. Focus Financial Network Inc. now owns 12,111 shares of the company’s stock valued at $289,000 after purchasing an additional 659 shares during the period. Finally, TrueWealth Advisors LLC raised its position in Fidelity MSCI Energy Index ETF by 7.1% during the 3rd quarter. TrueWealth Advisors LLC now owns 12,732 shares of the company’s stock valued at $307,000 after purchasing an additional 846 shares during the last quarter.

Fidelity MSCI Energy Index ETF Stock Performance

NYSEARCA FENY opened at $25.02 on Friday. 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 has a market cap of $1.82 billion, a P/E ratio of 8.27 and a beta of 0.50. The stock has a 50 day simple moving average of $24.66 and a two-hundred day simple moving average of $24.81.

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.