Secure Asset Management LLC Invests $450,000 in Fidelity MSCI Energy Index ETF $FENY

Secure Asset Management LLC bought a new position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) during the second quarter, according to the company in its most recent filing with the SEC. The firm bought 15,235 shares of the company’s stock, valued at approximately $450,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of FENY. Lido Advisors LLC grew its holdings in shares of Fidelity MSCI Energy Index ETF by 2.3% in the first quarter. Lido Advisors LLC now owns 1,755,925 shares of the company’s stock worth $59,737,000 after purchasing an additional 38,901 shares during the last quarter. Vicus Capital grew its stake in shares of Fidelity MSCI Energy Index ETF by 2,690.9% in the 1st quarter. Vicus Capital now owns 803,382 shares of the company’s stock worth $27,331,000 after buying an additional 774,596 shares during the last quarter. BNP Paribas Financial Markets raised its stake in Fidelity MSCI Energy Index ETF by 111,011.1% during the second quarter. BNP Paribas Financial Markets now owns 600,000 shares of the company’s stock valued at $14,070,000 after buying an additional 599,460 shares during the last quarter. Tower Research Capital LLC TRC purchased a new position in Fidelity MSCI Energy Index ETF in the third quarter worth about $10,917,000. Finally, Cetera Investment Advisers increased its position in shares of Fidelity MSCI Energy Index ETF by 29.4% during the first quarter. Cetera Investment Advisers now owns 428,397 shares of the company’s stock valued at $14,574,000 after acquiring an additional 97,412 shares in the last quarter.

Fidelity MSCI Energy Index ETF Trading Up 0.4%

Fidelity MSCI Energy Index ETF stock opened at $36.11 on Thursday. Fidelity MSCI Energy Index ETF has a 12 month low of $23.52 and a 12 month high of $36.26. The stock has a fifty day simple moving average of $32.63 and a two-hundred day simple moving average of $32.16. The firm has a market cap of $2.19 billion, a price-to-earnings ratio of 15.17 and a beta of 0.43.

Fidelity MSCI Energy Index ETF 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.