Strategic Financial Concepts LLC Invests $868,000 in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Strategic Financial Concepts LLC bought a new stake in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 36,396 shares of the company’s stock, valued at approximately $868,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Glass Jacobson Investment Advisors llc boosted its holdings in shares of Fidelity MSCI Energy Index ETF by 0.8% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 48,771 shares of the company’s stock worth $1,174,000 after buying an additional 403 shares during the period. 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 acquiring an additional 532 shares during the period. VCI Wealth Management LLC grew its position 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 valued at $379,000 after purchasing an additional 626 shares during the last quarter. TrueWealth Advisors LLC increased its stake 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 during the period. Finally, Harbour Investments Inc. increased its stake in shares of Fidelity MSCI Energy Index ETF by 5.5% during the third quarter. Harbour Investments Inc. now owns 18,056 shares of the company’s stock worth $435,000 after purchasing an additional 941 shares during the period.

Fidelity MSCI Energy Index ETF Price Performance

FENY opened at $25.24 on Wednesday. The company has a market capitalization of $1.84 billion, a PE ratio of 8.27 and a beta of 0.50. The business has a fifty day simple moving average of $24.70 and a 200 day simple moving average of $24.81. Fidelity MSCI Energy Index ETF has a 1 year low of $22.66 and a 1 year high of $27.11.

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.