New Capital Management LP Buys 104,275 Shares of Fidelity MSCI Energy Index ETF $FENY

New Capital Management LP bought a new stake in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) during the third quarter, Holdings Channel.com reports. The firm bought 104,275 shares of the company’s stock, valued at approximately $3,535,000. Fidelity MSCI Energy Index ETF accounts for 0.8% of New Capital Management LP’s investment portfolio, making the stock its 27th largest holding.

Several other large investors have also modified their holdings of the business. Lido Advisors LLC increased its position 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. lifted its position in 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 valued at $44,840,000 after buying an additional 660,650 shares during the last quarter. Cetera Investment Advisers lifted its position 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 buying an additional 97,412 shares during the last quarter. Bank of America Corp DE lifted its position 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 buying an additional 32,166 shares during the last quarter. Finally, Kestra Advisory Services LLC boosted its stake in Fidelity MSCI Energy Index ETF by 10.3% during the first quarter. Kestra Advisory Services LLC now owns 189,088 shares of the company’s stock worth $6,433,000 after buying an additional 17,664 shares during the period.

Fidelity MSCI Energy Index ETF Stock Performance

Fidelity MSCI Energy Index ETF stock opened at $36.59 on Wednesday. The company’s 50 day simple moving average is $35.88 and its 200-day simple moving average is $32.61. The company has a market capitalization of $2.25 billion, a price-to-earnings ratio of 15.17 and a beta of 0.46. Fidelity MSCI Energy Index ETF has a 1 year low of $23.98 and a 1 year high of $38.53.

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.