D.A. Davidson & CO. Makes New $637,000 Investment in Fidelity MSCI Energy Index ETF $FENY

D.A. Davidson & CO. acquired a new stake in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 18,788 shares of the company’s stock, valued at approximately $637,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Park Avenue Securities LLC acquired a new position in Fidelity MSCI Energy Index ETF during the 3rd quarter worth approximately $3,694,000. Sigma Planning Corp acquired a new stake in Fidelity MSCI Energy Index ETF in the third quarter valued at approximately $794,000. Smith Shellnut Wilson LLC ADV purchased a new stake in shares of Fidelity MSCI Energy Index ETF during the third quarter valued at approximately $602,000. Fifth Third Securities Inc. lifted its position in shares of Fidelity MSCI Energy Index ETF by 33.8% during the third quarter. Fifth Third Securities Inc. now owns 9,085 shares of the company’s stock worth $308,000 after purchasing an additional 2,294 shares in the last quarter. Finally, Secure Asset Management LLC boosted its stake in shares of Fidelity MSCI Energy Index ETF by 37.7% in the third quarter. Secure Asset Management LLC now owns 20,985 shares of the company’s stock valued at $711,000 after purchasing an additional 5,750 shares during the period.

Fidelity MSCI Energy Index ETF Price Performance

FENY traded up $0.05 during trading hours on Friday, reaching $33.71. 1,535,886 shares of the stock traded hands, compared to its average volume of 2,746,193. Fidelity MSCI Energy Index ETF has a fifty-two week low of $24.21 and a fifty-two week high of $38.53. The company has a market cap of $2.08 billion, a price-to-earnings ratio of 15.17 and a beta of 0.46. The firm’s fifty day simple moving average is $35.85 and its two-hundred day simple moving average is $32.72.

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.