Traynor Capital Management Inc. Sells 18,650 Shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Traynor Capital Management Inc. lowered its holdings in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 9.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 187,345 shares of the company’s stock after selling 18,650 shares during the period. Traynor Capital Management Inc. owned 0.26% of Fidelity MSCI Energy Index ETF worth $4,466,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of FENY. Commonwealth Equity Services LLC raised its position in shares of Fidelity MSCI Energy Index ETF by 3.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,326,336 shares of the company’s stock valued at $31,938,000 after buying an additional 43,560 shares in the last quarter. HighTower Advisors LLC raised its position in shares of Fidelity MSCI Energy Index ETF by 0.4% in 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. lifted its stake in Fidelity MSCI Energy Index ETF by 1.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 787,675 shares of the company’s stock valued at $19,763,000 after buying an additional 9,060 shares during the period. Cetera Investment Advisers increased its stake in Fidelity MSCI Energy Index ETF by 33.8% in 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. Finally, Wealth Quarterback LLC raised its position in shares of Fidelity MSCI Energy Index ETF by 2.1% during the third quarter. Wealth Quarterback LLC now owns 172,668 shares of the company’s stock worth $4,158,000 after purchasing an additional 3,476 shares during the period.

Fidelity MSCI Energy Index ETF Trading Down 1.8 %

Shares of Fidelity MSCI Energy Index ETF stock opened at $25.55 on Thursday. Fidelity MSCI Energy Index ETF has a 12-month low of $22.05 and a 12-month high of $27.11. The company has a market capitalization of $1.86 billion, a P/E ratio of 8.27 and a beta of 0.50. The stock has a fifty day simple moving average of $25.09 and a 200 day simple moving average of $24.83.

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.