Able Wealth Management LLC Reduces Stock Holdings in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Able Wealth Management LLC lessened its stake in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 13.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,345 shares of the company’s stock after selling 2,183 shares during the quarter. Able Wealth Management LLC’s holdings in Fidelity MSCI Energy Index ETF were worth $342,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Eastern Bank acquired a new stake in Fidelity MSCI Energy Index ETF during the 3rd quarter worth $27,000. New Wave Wealth Advisors LLC purchased a new position in shares of Fidelity MSCI Energy Index ETF during the fourth quarter worth about $27,000. Global Retirement Partners LLC increased its position in shares of Fidelity MSCI Energy Index ETF by 3,140.9% during the fourth quarter. Global Retirement Partners LLC now owns 1,426 shares of the company’s stock worth $34,000 after purchasing an additional 1,382 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in shares of Fidelity MSCI Energy Index ETF during the fourth quarter worth about $39,000. Finally, LRI Investments LLC lifted its holdings in shares of Fidelity MSCI Energy Index ETF by 791.2% in the 3rd quarter. LRI Investments LLC now owns 4,536 shares of the company’s stock valued at $118,000 after purchasing an additional 4,027 shares during the last quarter.

Fidelity MSCI Energy Index ETF Stock Up 0.7 %

NYSEARCA:FENY opened at $25.39 on Thursday. The company has a market capitalization of $1.85 billion, a PE ratio of 8.27 and a beta of 0.50. Fidelity MSCI Energy Index ETF has a 52-week low of $22.72 and a 52-week high of $27.11. The stock’s 50 day moving average price is $24.64 and its 200 day moving average price is $24.80.

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.