Raymond James Financial Inc. Makes New $1.12 Million Investment in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Raymond James Financial Inc. purchased a new position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 46,960 shares of the company’s stock, valued at approximately $1,120,000. Raymond James Financial Inc. owned about 0.06% of Fidelity MSCI Energy Index ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in FENY. Lynch & Associates IN lifted its holdings in Fidelity MSCI Energy Index ETF by 1.0% in the 4th quarter. Lynch & Associates IN now owns 52,437 shares of the company’s stock valued at $1,250,000 after purchasing an additional 532 shares in the last quarter. Miracle Mile Advisors LLC purchased a new position in shares of Fidelity MSCI Energy Index ETF during the fourth quarter valued at approximately $2,821,000. Maltin Wealth Management Inc. boosted 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 worth $2,082,000 after acquiring an additional 1,563 shares during the last quarter. Beaumont Financial Advisors LLC purchased a new stake in Fidelity MSCI Energy Index ETF in the 4th quarter worth approximately $736,000. Finally, Grimes & Company Inc. acquired a new position in Fidelity MSCI Energy Index ETF in the 4th quarter valued at $231,000.

Fidelity MSCI Energy Index ETF Stock Up 1.5 %

FENY stock opened at $22.55 on Monday. The stock has a market capitalization of $1.36 billion, a price-to-earnings ratio of 12.96 and a beta of 0.94. Fidelity MSCI Energy Index ETF has a 52-week low of $20.31 and a 52-week high of $27.03. The stock’s fifty day simple moving average is $23.45 and its 200-day simple moving average is $24.47.

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.