Fidelity MSCI Energy Index ETF (NYSEARCA:FENY – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 1,600,192 shares changed hands during trading, an increase of 121% from the previous session’s volume of 724,283 shares.The stock last traded at $25.21 and had previously closed at $24.91.
Fidelity MSCI Energy Index ETF Stock Performance
The company has a market cap of $1.55 billion, a P/E ratio of 14.83 and a beta of 1.22. The stock has a 50-day moving average of $24.83 and a two-hundred day moving average of $24.78.
Institutional Investors Weigh In On Fidelity MSCI Energy Index ETF
A number of hedge funds have recently made changes to their positions in the business. Jones Financial Companies Lllp grew its holdings in shares of Fidelity MSCI Energy Index ETF by 97.4% during the 4th quarter. Jones Financial Companies Lllp now owns 9,709 shares of the company’s stock valued at $231,000 after purchasing an additional 4,791 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of Fidelity MSCI Energy Index ETF by 13.8% during the fourth quarter. HighTower Advisors LLC now owns 1,004,150 shares of the company’s stock valued at $23,939,000 after buying an additional 121,506 shares during the last quarter. Investmark Advisory Group LLC increased its holdings in shares of Fidelity MSCI Energy Index ETF by 10.8% in the third quarter. Investmark Advisory Group LLC now owns 9,845 shares of the company’s stock worth $237,000 after buying an additional 958 shares during the period. D.A. Davidson & CO. lifted its stake in shares of Fidelity MSCI Energy Index ETF by 2.9% in the 3rd quarter. D.A. Davidson & CO. now owns 44,780 shares of the company’s stock valued at $1,078,000 after acquiring an additional 1,252 shares during the last quarter. Finally, VisionPoint Advisory Group LLC purchased a new stake in Fidelity MSCI Energy Index ETF during the 4th quarter valued at about $250,000.
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.
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