Envestnet Portfolio Solutions Inc. Acquires Shares of 10,307 Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Envestnet Portfolio Solutions Inc. bought a new position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 10,307 shares of the company’s stock, valued at approximately $246,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Commonwealth Equity Services LLC boosted its stake in Fidelity MSCI Energy Index ETF by 15.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,531,085 shares of the company’s stock worth $36,501,000 after purchasing an additional 204,749 shares during the period. HighTower Advisors LLC boosted its position in shares of Fidelity MSCI Energy Index ETF by 13.8% in the fourth quarter. HighTower Advisors LLC now owns 1,004,150 shares of the company’s stock valued at $23,939,000 after acquiring an additional 121,506 shares during the period. AGF Management Ltd. grew its stake in Fidelity MSCI Energy Index ETF by 17.4% during the fourth quarter. AGF Management Ltd. now owns 818,781 shares of the company’s stock valued at $19,520,000 after acquiring an additional 121,540 shares in the last quarter. Miracle Mile Advisors LLC bought a new stake in Fidelity MSCI Energy Index ETF during the 4th quarter worth approximately $2,821,000. Finally, Yoder Wealth Management Inc. increased its holdings in Fidelity MSCI Energy Index ETF by 6.4% during the 4th quarter. Yoder Wealth Management Inc. now owns 101,998 shares of the company’s stock worth $2,432,000 after acquiring an additional 6,127 shares during the period.

Fidelity MSCI Energy Index ETF Price Performance

Shares of NYSEARCA:FENY opened at $25.28 on Friday. The firm has a fifty day moving average price of $24.85 and a two-hundred day moving average price of $24.84. The company has a market cap of $1.55 billion, a price-to-earnings ratio of 14.83 and a beta of 1.22. Fidelity MSCI Energy Index ETF has a one year low of $22.72 and a one 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.