Fidelity MSCI Energy Index ETF $FENY Shares Sold by Park Avenue Securities LLC

Park Avenue Securities LLC lessened its holdings in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 64.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 36,485 shares of the company’s stock after selling 66,115 shares during the period. Park Avenue Securities LLC’s holdings in Fidelity MSCI Energy Index ETF were worth $902,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of FENY. Envestnet Asset Management Inc. increased its holdings in shares of Fidelity MSCI Energy Index ETF by 427.5% during the second quarter. Envestnet Asset Management Inc. now owns 1,222,648 shares of the company’s stock valued at $28,671,000 after acquiring an additional 990,880 shares in the last quarter. BNP Paribas Financial Markets increased its stake in Fidelity MSCI Energy Index ETF by 111,011.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 600,000 shares of the company’s stock valued at $14,070,000 after purchasing an additional 599,460 shares in the last quarter. Hilltop Wealth Advisors LLC purchased a new position in shares of Fidelity MSCI Energy Index ETF in the third quarter worth $12,909,000. Soundwatch Capital LLC purchased a new position in shares of Fidelity MSCI Energy Index ETF in the second quarter worth $113,000. Finally, Cetera Investment Advisers lifted its stake in shares of Fidelity MSCI Energy Index ETF by 406.7% during the second quarter. Cetera Investment Advisers now owns 425,794 shares of the company’s stock worth $9,985,000 after buying an additional 341,767 shares during the period.

Fidelity MSCI Energy Index ETF Price Performance

NYSEARCA FENY opened at $26.04 on Wednesday. The stock’s fifty day moving average price is $25.02 and its 200 day moving average price is $24.51. Fidelity MSCI Energy Index ETF has a 1 year low of $20.31 and a 1 year high of $26.23. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 15.17 and a beta of 0.77.

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.