Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Stake Lowered by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. cut its stake in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 8.7% in the 4th quarter, Holdings Channel reports. The firm owned 30,679 shares of the company’s stock after selling 2,928 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Fidelity MSCI Energy Index ETF were worth $707,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Simplex Trading LLC boosted its position in shares of Fidelity MSCI Energy Index ETF by 235.3% during the third quarter. Simplex Trading LLC now owns 1,425 shares of the company’s stock worth $35,000 after buying an additional 1,000 shares during the period. Captrust Financial Advisors boosted its position in shares of Fidelity MSCI Energy Index ETF by 146.7% during the first quarter. Captrust Financial Advisors now owns 1,850 shares of the company’s stock worth $39,000 after buying an additional 1,100 shares during the period. IFP Advisors Inc boosted its position in shares of Fidelity MSCI Energy Index ETF by 67.9% during the third quarter. IFP Advisors Inc now owns 2,491 shares of the company’s stock worth $62,000 after buying an additional 1,007 shares during the period. Beacon Capital Management LLC acquired a new position in shares of Fidelity MSCI Energy Index ETF during the fourth quarter worth approximately $62,000. Finally, CWM LLC boosted its position in shares of Fidelity MSCI Energy Index ETF by 59,000.0% during the third quarter. CWM LLC now owns 2,955 shares of the company’s stock worth $74,000 after buying an additional 2,950 shares during the period.

Fidelity MSCI Energy Index ETF Trading Down 0.9 %

Shares of NYSEARCA FENY opened at $25.86 on Wednesday. The stock has a 50 day simple moving average of $24.71 and a 200-day simple moving average of $23.80. The company has a market cap of $1.88 billion, a PE ratio of 8.55 and a beta of 0.55. Fidelity MSCI Energy Index ETF has a 12-month low of $20.73 and a 12-month 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.