Sweeney & Michel LLC Boosts Stake in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Sweeney & Michel LLC lifted its stake in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 10.7% during the third quarter, Holdings Channel reports. The institutional investor owned 11,400 shares of the company’s stock after acquiring an additional 1,100 shares during the quarter. Sweeney & Michel LLC’s holdings in Fidelity MSCI Energy Index ETF were worth $282,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AA Financial Advisors LLC lifted its holdings in Fidelity MSCI Energy Index ETF by 57.3% in the 3rd quarter. AA Financial Advisors LLC now owns 16,321 shares of the company’s stock valued at $393,000 after purchasing an additional 5,943 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in 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. Lynch & Associates IN increased its stake in shares of Fidelity MSCI Energy Index ETF by 3.4% in the 3rd quarter. Lynch & Associates IN now owns 51,905 shares of the company’s stock worth $1,250,000 after acquiring an additional 1,704 shares during the last quarter. NBC Securities Inc. raised its holdings in shares of Fidelity MSCI Energy Index ETF by 46.2% during the 3rd quarter. NBC Securities Inc. now owns 6,665 shares of the company’s stock worth $160,000 after acquiring an additional 2,105 shares during the period. Finally, VitalStone Financial LLC acquired a new position in shares of Fidelity MSCI Energy Index ETF during the 3rd quarter valued at about $39,000.

Fidelity MSCI Energy Index ETF Trading Up 0.2 %

Fidelity MSCI Energy Index ETF stock traded up $0.06 during midday trading on Tuesday, hitting $24.76. 43,954 shares of the stock were exchanged, compared to its average volume of 712,647. Fidelity MSCI Energy Index ETF has a fifty-two week low of $21.73 and a fifty-two week high of $27.11. The stock has a market capitalization of $1.80 billion, a price-to-earnings ratio of 8.27 and a beta of 0.50. The stock’s 50-day simple moving average is $24.50 and its 200 day simple moving average is $25.03.

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.