Grimes & Company Inc. Invests $231,000 in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Grimes & Company Inc. bought a new stake in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 9,691 shares of the company’s stock, valued at approximately $231,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Beaumont Financial Advisors LLC purchased a new position in shares of Fidelity MSCI Energy Index ETF in the fourth quarter valued at $736,000. Maltin Wealth Management Inc. lifted its position in Fidelity MSCI Energy Index ETF by 1.8% during the fourth quarter. Maltin Wealth Management Inc. now owns 87,319 shares of the company’s stock valued at $2,082,000 after purchasing an additional 1,563 shares during the last quarter. Miracle Mile Advisors LLC bought a new stake in shares of Fidelity MSCI Energy Index ETF in the 4th quarter worth about $2,821,000. Lynch & Associates IN raised its position in shares of Fidelity MSCI Energy Index ETF by 1.0% during the 4th quarter. Lynch & Associates IN now owns 52,437 shares of the company’s stock valued at $1,250,000 after buying an additional 532 shares in the last quarter. Finally, Sunbelt Securities Inc. lifted its holdings in shares of Fidelity MSCI Energy Index ETF by 136.9% in the 3rd quarter. Sunbelt Securities Inc. now owns 90,341 shares of the company’s stock valued at $2,175,000 after acquiring an additional 52,203 shares during the last quarter.

Fidelity MSCI Energy Index ETF Price Performance

Shares of NYSEARCA FENY opened at $25.37 on Monday. The business’s 50 day moving average is $25.06 and its two-hundred day moving average is $24.85. Fidelity MSCI Energy Index ETF has a 1-year low of $22.49 and a 1-year high of $27.11. The stock has a market capitalization of $1.85 billion, a P/E ratio of 8.27 and a beta of 0.50.

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.