Western Wealth Management LLC Buys New Shares in Fidelity MSCI Energy Index ETF $FENY

Western Wealth Management LLC purchased a new position in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENYFree Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,040 shares of the company’s stock, valued at approximately $682,000.

A number of other large investors have also recently added to or reduced their stakes in FENY. Deutsche Bank AG bought a new position in shares of Fidelity MSCI Energy Index ETF in the 4th quarter valued at about $25,000. Principia Wealth Advisory LLC raised its holdings in shares of Fidelity MSCI Energy Index ETF by 2,961.0% in the 4th quarter. Principia Wealth Advisory LLC now owns 1,255 shares of the company’s stock valued at $31,000 after purchasing an additional 1,214 shares during the period. Godfrey Financial Associates Inc. acquired a new stake in Fidelity MSCI Energy Index ETF in the 4th quarter valued at about $49,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in Fidelity MSCI Energy Index ETF in the 3rd quarter valued at about $54,000. Finally, Advisors Preferred LLC acquired a new stake in Fidelity MSCI Energy Index ETF in the 1st quarter valued at about $59,000.

Fidelity MSCI Energy Index ETF Stock Performance

Fidelity MSCI Energy Index ETF stock opened at $32.63 on Tuesday. The stock has a 50-day simple moving average of $31.32 and a 200 day simple moving average of $31.18. The stock has a market capitalization of $1.98 billion, a P/E ratio of 15.17 and a beta of 0.43. Fidelity MSCI Energy Index ETF has a 52 week low of $23.23 and a 52 week high of $35.26.

About Fidelity MSCI Energy Index ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

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