Truist Financial Corp lessened its position in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY – Free Report) by 14.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,206 shares of the company’s stock after selling 4,846 shares during the period. Truist Financial Corp’s holdings in Fidelity MSCI Energy Index ETF were worth $708,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Mather Group LLC. bought a new stake in Fidelity MSCI Energy Index ETF in the 2nd quarter valued at $27,000. Private Ocean LLC bought a new stake in shares of Fidelity MSCI Energy Index ETF in the second quarter valued at about $28,000. NBC Securities Inc. acquired a new position in shares of Fidelity MSCI Energy Index ETF in the first quarter valued at about $31,000. Gradient Investments LLC bought a new position in Fidelity MSCI Energy Index ETF during the second quarter worth about $49,000. Finally, Pathway Financial Advisers LLC bought a new position in Fidelity MSCI Energy Index ETF during the first quarter worth about $51,000.
Fidelity MSCI Energy Index ETF Stock Down 0.3 %
NYSEARCA FENY opened at $25.41 on Tuesday. The firm has a 50-day moving average price of $24.46 and a two-hundred day moving average price of $25.08. Fidelity MSCI Energy Index ETF has a 12-month low of $21.73 and a 12-month high of $27.11. The company 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.
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