Fidelity MSCI Energy Index ETF $FENY Position Boosted by Cetera Investment Advisers

Cetera Investment Advisers increased its position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 29.4% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 428,397 shares of the company’s stock after purchasing an additional 97,412 shares during the period. Cetera Investment Advisers owned 0.69% of Fidelity MSCI Energy Index ETF worth $14,574,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Parker Investment Management LLC bought a new position in Fidelity MSCI Energy Index ETF during the 1st quarter worth approximately $340,000. Bellwether Advisors LLC acquired a new position in shares of Fidelity MSCI Energy Index ETF in the 1st quarter worth approximately $1,725,000. Modera Wealth Management LLC bought a new stake in shares of Fidelity MSCI Energy Index ETF in the 1st quarter valued at approximately $294,000. D.A. Davidson & CO. increased its holdings in shares of Fidelity MSCI Energy Index ETF by 1.6% in the 1st quarter. D.A. Davidson & CO. now owns 42,952 shares of the company’s stock valued at $1,461,000 after acquiring an additional 676 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of Fidelity MSCI Energy Index ETF by 131.3% in the 1st quarter. Bank of New York Mellon Corp now owns 152,762 shares of the company’s stock valued at $5,197,000 after acquiring an additional 86,722 shares during the last quarter.

Fidelity MSCI Energy Index ETF Trading Down 1.5%

FENY stock opened at $31.89 on Wednesday. The stock’s 50 day simple moving average is $31.35 and its 200 day simple moving average is $30.99. Fidelity MSCI Energy Index ETF has a 12-month low of $23.23 and a 12-month high of $35.26. The firm has a market cap of $1.94 billion, a P/E ratio of 15.17 and a beta of 0.43.

Fidelity MSCI Energy Index ETF 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.