Sheets Smith Wealth Management Sells 924 Shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Sheets Smith Wealth Management cut its position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 2.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,754 shares of the company’s stock after selling 924 shares during the quarter. Sheets Smith Wealth Management’s holdings in Fidelity MSCI Energy Index ETF were worth $1,078,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Commonwealth Equity Services LLC boosted its holdings in Fidelity MSCI Energy Index ETF by 3.4% during the third quarter. Commonwealth Equity Services LLC now owns 1,326,336 shares of the company’s stock valued at $31,938,000 after acquiring an additional 43,560 shares during the period. Envestnet Asset Management Inc. boosted its stake in Fidelity MSCI Energy Index ETF by 13.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,059,484 shares of the company’s stock valued at $26,582,000 after purchasing an additional 128,161 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Fidelity MSCI Energy Index ETF by 1.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 787,675 shares of the company’s stock valued at $19,763,000 after purchasing an additional 9,060 shares during the period. Kestra Advisory Services LLC grew its holdings in Fidelity MSCI Energy Index ETF by 3.3% in the 1st quarter. Kestra Advisory Services LLC now owns 592,988 shares of the company’s stock valued at $15,341,000 after buying an additional 18,689 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in Fidelity MSCI Energy Index ETF by 33.8% in the 2nd quarter. Cetera Investment Advisers now owns 278,076 shares of the company’s stock worth $6,977,000 after buying an additional 70,184 shares during the period.

Fidelity MSCI Energy Index ETF Stock Up 0.5 %

Shares of FENY stock opened at $25.82 on Friday. Fidelity MSCI Energy Index ETF has a 12 month low of $21.73 and a 12 month high of $27.11. The stock has a 50 day moving average of $24.50 and a 200-day moving average of $24.88. The firm has a market cap of $1.88 billion, a PE ratio of 8.27 and a beta of 0.50.

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.