Raymond James & Associates Grows Stock Position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Raymond James & Associates increased its holdings in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 36.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 84,911 shares of the company’s stock after purchasing an additional 22,840 shares during the quarter. Raymond James & Associates’ holdings in Fidelity MSCI Energy Index ETF were worth $1,956,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in FENY. Lido Advisors LLC lifted its holdings in Fidelity MSCI Energy Index ETF by 6.4% in the 1st quarter. Lido Advisors LLC now owns 1,481,601 shares of the company’s stock valued at $33,247,000 after purchasing an additional 89,563 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Fidelity MSCI Energy Index ETF by 5.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,252,340 shares of the company’s stock valued at $31,196,000 after purchasing an additional 65,881 shares in the last quarter. HighTower Advisors LLC lifted its holdings in Fidelity MSCI Energy Index ETF by 9.2% in the 3rd quarter. HighTower Advisors LLC now owns 853,352 shares of the company’s stock valued at $21,244,000 after purchasing an additional 71,660 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in Fidelity MSCI Energy Index ETF by 36.1% in the 2nd quarter. Wells Fargo & Company MN now owns 755,336 shares of the company’s stock valued at $16,738,000 after purchasing an additional 200,321 shares in the last quarter. Finally, Vicus Capital lifted its holdings in Fidelity MSCI Energy Index ETF by 1,607.8% in the 3rd quarter. Vicus Capital now owns 559,193 shares of the company’s stock valued at $13,930,000 after purchasing an additional 526,450 shares in the last quarter.

Fidelity MSCI Energy Index ETF Trading Down 0.4 %

NYSEARCA:FENY opened at $25.75 on Thursday. Fidelity MSCI Energy Index ETF has a 12-month low of $20.73 and a 12-month high of $27.11. The company’s 50-day moving average is $24.76 and its two-hundred day moving average is $23.81. The firm has a market cap of $1.87 billion, a price-to-earnings ratio of 8.55 and a beta of 0.55.

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.