Fidelity MSCI Energy Index ETF $FENY Shares Purchased by Lido Advisors LLC

Lido Advisors LLC increased its stake in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 4.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 1,774,128 shares of the company’s stock after buying an additional 75,623 shares during the quarter. Lido Advisors LLC’s holdings in Fidelity MSCI Energy Index ETF were worth $60,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its stake in shares of Fidelity MSCI Energy Index ETF by 77.2% in the second 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 last quarter. Commonwealth Equity Services LLC acquired a new position in Fidelity MSCI Energy Index ETF in the 3rd quarter worth approximately $26,667,000. Cetera Investment Advisers raised its position in Fidelity MSCI Energy Index ETF by 29.4% during the 1st quarter. Cetera Investment Advisers now owns 428,397 shares of the company’s stock worth $14,574,000 after buying an additional 97,412 shares during the last quarter. Kestra Advisory Services LLC lifted its stake in Fidelity MSCI Energy Index ETF by 23.5% during the 3rd quarter. Kestra Advisory Services LLC now owns 246,189 shares of the company’s stock valued at $8,346,000 after acquiring an additional 46,899 shares during the period. Finally, Bank of America Corp DE lifted its stake in Fidelity MSCI Energy Index ETF by 15.6% during the 1st quarter. Bank of America Corp DE now owns 238,526 shares of the company’s stock valued at $8,115,000 after acquiring an additional 32,166 shares during the period.

Fidelity MSCI Energy Index ETF Price Performance

FENY stock opened at $34.05 on Wednesday. The company has a market capitalization of $2.09 billion, a P/E ratio of 13.11 and a beta of 0.46. Fidelity MSCI Energy Index ETF has a 12 month low of $24.21 and a 12 month high of $38.53. The firm’s fifty day simple moving average is $35.80 and its 200-day simple moving average is $32.79.

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.