Private Advisor Group LLC Decreases Position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Private Advisor Group LLC reduced its stake in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 75.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 52,314 shares of the company’s stock after selling 162,378 shares during the period. Private Advisor Group LLC owned 0.07% of Fidelity MSCI Energy Index ETF worth $1,247,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Glass Jacobson Investment Advisors llc boosted its holdings in shares of 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 valued at $1,174,000 after buying an additional 403 shares in the last quarter. Lynch & Associates IN lifted its position in Fidelity MSCI Energy Index ETF by 1.0% in the fourth quarter. Lynch & Associates IN now owns 52,437 shares of the company’s stock valued at $1,250,000 after acquiring an additional 532 shares during the last quarter. VCI Wealth Management LLC boosted its stake in 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 valued at $379,000 after acquiring an additional 626 shares in the last quarter. Focus Financial Network Inc. grew its holdings in shares of Fidelity MSCI Energy Index ETF by 5.8% during the fourth quarter. Focus Financial Network Inc. now owns 12,111 shares of the company’s stock worth $289,000 after purchasing an additional 659 shares during the last quarter. Finally, TrueWealth Advisors LLC increased its position in shares of Fidelity MSCI Energy Index ETF by 7.1% during the third quarter. TrueWealth Advisors LLC now owns 12,732 shares of the company’s stock worth $307,000 after purchasing an additional 846 shares in the last quarter.

Fidelity MSCI Energy Index ETF Stock Performance

Fidelity MSCI Energy Index ETF stock opened at $24.57 on Friday. The company has a market capitalization of $1.53 billion, a P/E ratio of 13.83 and a beta of 1.25. 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 50-day simple moving average of $24.74 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.