Aspetuck Financial Management LLC Purchases New Position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Aspetuck Financial Management LLC purchased a new stake in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 69,861 shares of the company’s stock, valued at approximately $1,785,000. Fidelity MSCI Energy Index ETF makes up approximately 1.5% of Aspetuck Financial Management LLC’s investment portfolio, making the stock its 24th biggest holding. Aspetuck Financial Management LLC owned about 0.12% of Fidelity MSCI Energy Index ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Lido Advisors LLC boosted its holdings in Fidelity MSCI Energy Index ETF by 2.5% in the fourth quarter. Lido Advisors LLC now owns 1,661,510 shares of the company’s stock valued at $39,610,000 after purchasing an additional 40,735 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in Fidelity MSCI Energy Index ETF by 15.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,531,085 shares of the company’s stock valued at $36,501,000 after purchasing an additional 204,749 shares in the last quarter. HighTower Advisors LLC boosted its holdings in shares of Fidelity MSCI Energy Index ETF by 13.8% in the fourth quarter. HighTower Advisors LLC now owns 1,004,150 shares of the company’s stock valued at $23,939,000 after acquiring an additional 121,506 shares during the period. AGF Management Ltd. boosted its holdings in shares of Fidelity MSCI Energy Index ETF by 17.4% in the fourth quarter. AGF Management Ltd. now owns 818,781 shares of the company’s stock valued at $19,520,000 after acquiring an additional 121,540 shares during the period. Finally, LPL Financial LLC boosted its holdings in shares of Fidelity MSCI Energy Index ETF by 113.4% in the fourth quarter. LPL Financial LLC now owns 713,726 shares of the company’s stock valued at $17,015,000 after acquiring an additional 379,299 shares during the period.

Fidelity MSCI Energy Index ETF Trading Down 0.6%

FENY stock opened at $23.35 on Thursday. The company has a market capitalization of $1.26 billion, a P/E ratio of 15.17 and a beta of 0.79. Fidelity MSCI Energy Index ETF has a twelve month low of $20.31 and a twelve month high of $27.03. The business has a 50 day simple moving average of $23.01 and a 200-day simple moving average of $23.88.

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.