Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Reaches New 52-Week High – What’s Next?

Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $27.21 and last traded at $27.0420, with a volume of 600513 shares changing hands. The stock had previously closed at $26.40.

Fidelity MSCI Energy Index ETF Stock Performance

The stock has a market cap of $1.40 billion, a P/E ratio of 15.17 and a beta of 0.77. The company has a 50-day simple moving average of $25.27 and a 200-day simple moving average of $24.63.

Institutional Trading of Fidelity MSCI Energy Index ETF

Large investors have recently made changes to their positions in the company. Yoder Wealth Management Inc. increased its stake in Fidelity MSCI Energy Index ETF by 9.4% during the 4th quarter. Yoder Wealth Management Inc. now owns 121,884 shares of the company’s stock worth $3,019,000 after purchasing an additional 10,443 shares in the last quarter. Wilkins Miller Wealth Management LLC boosted its stake in Fidelity MSCI Energy Index ETF by 5.9% in the 4th quarter. Wilkins Miller Wealth Management LLC now owns 15,721 shares of the company’s stock worth $389,000 after purchasing an additional 879 shares during the period. Maltin Wealth Management Inc. raised its stake in shares of Fidelity MSCI Energy Index ETF by 3.1% in the 4th quarter. Maltin Wealth Management Inc. now owns 111,366 shares of the company’s stock valued at $2,759,000 after purchasing an additional 3,305 shares during the period. Wealth Quarterback LLC boosted its position in shares of Fidelity MSCI Energy Index ETF by 5.8% during the fourth quarter. Wealth Quarterback LLC now owns 90,698 shares of the company’s stock worth $2,247,000 after buying an additional 4,967 shares during the period. Finally, AA Financial Advisors LLC raised its position in Fidelity MSCI Energy Index ETF by 3.1% in the 4th quarter. AA Financial Advisors LLC now owns 21,099 shares of the company’s stock valued at $523,000 after buying an additional 637 shares during the last quarter.

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.