Gimbal Financial acquired a new position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 180,798 shares of the company’s stock, valued at approximately $6,129,000. Fidelity MSCI Energy Index ETF accounts for about 3.6% of Gimbal Financial’s portfolio, making the stock its 10th largest position. Gimbal Financial owned 0.29% of Fidelity MSCI Energy Index ETF as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Lido Advisors LLC increased its stake in shares of Fidelity MSCI Energy Index ETF by 2.3% during the 1st 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. Envestnet Asset Management Inc. raised its holdings in shares of Fidelity MSCI Energy Index ETF by 77.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,516,919 shares of the company’s stock worth $44,840,000 after purchasing an additional 660,650 shares during the period. Vicus Capital raised its holdings 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 purchasing an additional 774,596 shares during the period. Cetera Investment Advisers lifted its stake in Fidelity MSCI Energy Index ETF by 29.4% in the first quarter. Cetera Investment Advisers now owns 428,397 shares of the company’s stock valued at $14,574,000 after purchasing an additional 97,412 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in Fidelity MSCI Energy Index ETF by 15.6% in the first quarter. Bank of America Corp DE now owns 238,526 shares of the company’s stock valued at $8,115,000 after purchasing an additional 32,166 shares during the last quarter.
Fidelity MSCI Energy Index ETF Stock Performance
NYSEARCA FENY traded down $0.20 on Monday, hitting $37.20. 497,050 shares of the stock traded hands, compared to its average volume of 2,830,639. The business’s fifty day moving average is $35.20 and its two-hundred day moving average is $32.99. Fidelity MSCI Energy Index ETF has a 12 month low of $23.92 and a 12 month high of $37.59. The firm has a market capitalization of $2.30 billion, a price-to-earnings ratio of 15.17 and a beta of 0.50.
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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