Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Stake Boosted by HighTower Advisors LLC

HighTower Advisors LLC increased its position in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 13.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,004,150 shares of the company’s stock after purchasing an additional 121,506 shares during the quarter. HighTower Advisors LLC owned 1.38% of Fidelity MSCI Energy Index ETF worth $23,939,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in FENY. Harbour Investments Inc. lifted its stake in Fidelity MSCI Energy Index ETF by 5.5% in the third quarter. Harbour Investments Inc. now owns 18,056 shares of the company’s stock valued at $435,000 after buying an additional 941 shares during the last quarter. Lifeworks Advisors LLC bought a new stake in Fidelity MSCI Energy Index ETF in the third quarter valued at $254,000. Sugar Maple Asset Management LLC lifted its stake in Fidelity MSCI Energy Index ETF by 15.8% in the third quarter. Sugar Maple Asset Management LLC now owns 10,269 shares of the company’s stock valued at $247,000 after buying an additional 1,400 shares during the last quarter. Meridian Wealth Management LLC bought a new stake in Fidelity MSCI Energy Index ETF in the third quarter valued at $378,000. Finally, D.A. Davidson & CO. lifted its stake in Fidelity MSCI Energy Index ETF by 2.9% in the third quarter. D.A. Davidson & CO. now owns 44,780 shares of the company’s stock valued at $1,078,000 after buying an additional 1,252 shares during the last quarter.

Fidelity MSCI Energy Index ETF Stock Performance

Shares of FENY stock opened at $24.52 on Friday. Fidelity MSCI Energy Index ETF has a 1 year low of $22.72 and a 1 year high of $27.11. The stock has a fifty day moving average of $24.81 and a two-hundred day moving average of $24.78. The firm has a market capitalization of $1.52 billion, a PE ratio of 13.83 and a beta of 1.25.

Fidelity MSCI Energy Index ETF 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.