LifeGoal Wealth Advisors Makes New Investment in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

LifeGoal Wealth Advisors purchased a new stake in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,185 shares of the company’s stock, valued at approximately $362,000.

Several other large investors have also modified their holdings of the business. Primoris Wealth Advisors LLC purchased a new stake in Fidelity MSCI Energy Index ETF during the 3rd quarter worth about $2,795,000. Miracle Mile Advisors LLC purchased a new stake in shares of Fidelity MSCI Energy Index ETF during the fourth quarter worth about $2,821,000. Heck Capital Advisors LLC acquired a new position in shares of Fidelity MSCI Energy Index ETF in the fourth quarter valued at approximately $1,833,000. Sunbelt Securities Inc. lifted its stake in shares of Fidelity MSCI Energy Index ETF by 136.9% during the third quarter. Sunbelt Securities Inc. now owns 90,341 shares of the company’s stock valued at $2,175,000 after buying an additional 52,203 shares during the period. Finally, Strategic Financial Concepts LLC purchased a new position in shares of Fidelity MSCI Energy Index ETF during the fourth quarter valued at approximately $868,000.

Fidelity MSCI Energy Index ETF Stock Down 1.7 %

FENY stock opened at $24.60 on Wednesday. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 13.83 and a beta of 1.25. The stock’s fifty day simple moving average is $24.69 and its 200-day simple moving average is $24.84. Fidelity MSCI Energy Index ETF has a 52-week low of $22.72 and a 52-week high of $27.11.

About Fidelity MSCI Energy Index ETF

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.