Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Shares Sold by Sugar Maple Asset Management LLC

Sugar Maple Asset Management LLC lessened its stake in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 25.8% during the fourth quarter, HoldingsChannel reports. The firm owned 7,624 shares of the company’s stock after selling 2,645 shares during the period. Sugar Maple Asset Management LLC’s holdings in Fidelity MSCI Energy Index ETF were worth $182,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. NewEdge Advisors LLC lifted its stake in shares of Fidelity MSCI Energy Index ETF by 11.9% during the second quarter. NewEdge Advisors LLC now owns 168,957 shares of the company’s stock worth $4,239,000 after purchasing an additional 17,922 shares in the last quarter. Sunbelt Securities Inc. lifted its stake in shares of Fidelity MSCI Energy Index ETF by 4.7% during the second quarter. Sunbelt Securities Inc. now owns 38,138 shares of the company’s stock worth $957,000 after purchasing an additional 1,705 shares in the last quarter. NBC Securities Inc. lifted its stake in shares of Fidelity MSCI Energy Index ETF by 46.2% during the third quarter. NBC Securities Inc. now owns 6,665 shares of the company’s stock worth $160,000 after purchasing an additional 2,105 shares in the last quarter. American National Bank & Trust lifted its stake in shares of Fidelity MSCI Energy Index ETF by 21.0% during the third quarter. American National Bank & Trust now owns 6,263 shares of the company’s stock worth $151,000 after purchasing an additional 1,087 shares in the last quarter. Finally, Creative Planning lifted its stake in shares of Fidelity MSCI Energy Index ETF by 4.6% during the second quarter. Creative Planning now owns 25,995 shares of the company’s stock worth $652,000 after purchasing an additional 1,148 shares in the last quarter.

Fidelity MSCI Energy Index ETF Price Performance

Shares of FENY opened at $26.16 on Tuesday. The stock’s 50-day moving average is $25.08 and its two-hundred day moving average is $24.82. The stock has a market cap of $1.90 billion, a PE ratio of 8.27 and a beta of 0.50. Fidelity MSCI Energy Index ETF has a 12 month low of $21.73 and a 12 month high of $27.11.

Fidelity MSCI Energy Index ETF Company 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.