UBS Group AG Raises Stake in Fidelity MSCI Energy Index ETF $FENY

UBS Group AG increased its stake in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 89.9% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 156,794 shares of the company’s stock after buying an additional 74,229 shares during the quarter. UBS Group AG owned 0.30% of Fidelity MSCI Energy Index ETF worth $3,884,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Allworth Financial LP increased its position in shares of Fidelity MSCI Energy Index ETF by 40.3% in the third quarter. Allworth Financial LP now owns 1,745 shares of the company’s stock worth $43,000 after purchasing an additional 501 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in Fidelity MSCI Energy Index ETF during the third quarter valued at approximately $54,000. Nvest Wealth Strategies Inc. purchased a new stake in shares of Fidelity MSCI Energy Index ETF during the fourth quarter valued at approximately $62,000. Atlantic Union Bankshares Corp boosted its stake in shares of Fidelity MSCI Energy Index ETF by 2,557.0% during the third quarter. Atlantic Union Bankshares Corp now owns 2,657 shares of the company’s stock valued at $66,000 after purchasing an additional 2,557 shares during the period. Finally, Qube Research & Technologies Ltd boosted its stake in shares of Fidelity MSCI Energy Index ETF by 4,601.8% during the second quarter. Qube Research & Technologies Ltd now owns 5,219 shares of the company’s stock valued at $122,000 after purchasing an additional 5,108 shares during the period.

Fidelity MSCI Energy Index ETF Stock Up 0.4%

Shares of FENY stock opened at $33.06 on Friday. The firm has a market capitalization of $2.06 billion, a price-to-earnings ratio of 15.17 and a beta of 0.46. The stock has a fifty day moving average of $32.56 and a 200 day moving average of $28.87. Fidelity MSCI Energy Index ETF has a 52 week low of $22.31 and a 52 week high of $35.26.

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.