Smith Salley Wealth Management Sells 12,373 Shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Smith Salley Wealth Management reduced its holdings in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 20.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 48,005 shares of the company’s stock after selling 12,373 shares during the quarter. Smith Salley Wealth Management owned about 0.07% of Fidelity MSCI Energy Index ETF worth $1,144,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in FENY. Eastern Bank bought a new stake in shares of Fidelity MSCI Energy Index ETF in the 3rd quarter valued at $27,000. VitalStone Financial LLC bought a new stake in Fidelity MSCI Energy Index ETF in the third quarter valued at $39,000. LRI Investments LLC boosted its position in shares of Fidelity MSCI Energy Index ETF by 791.2% during the 3rd quarter. LRI Investments LLC now owns 4,536 shares of the company’s stock worth $118,000 after purchasing an additional 4,027 shares in the last quarter. American National Bank & Trust grew its stake in shares of Fidelity MSCI Energy Index ETF by 21.0% in the 3rd quarter. American National Bank & Trust now owns 6,263 shares of the company’s stock valued at $151,000 after buying an additional 1,087 shares during the period. Finally, NBC Securities Inc. increased its position in Fidelity MSCI Energy Index ETF by 46.2% in the 3rd quarter. NBC Securities Inc. now owns 6,665 shares of the company’s stock valued at $160,000 after buying an additional 2,105 shares in the last quarter.

Fidelity MSCI Energy Index ETF Stock Performance

FENY stock opened at $26.16 on Friday. Fidelity MSCI Energy Index ETF has a fifty-two week low of $21.73 and a fifty-two week high of $27.11. The stock’s 50 day simple moving average is $25.08 and its 200 day simple moving average is $24.82. The company has a market cap of $1.90 billion, a P/E ratio of 8.27 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.