Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Sets New 52-Week High – Here’s What Happened

Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)’s stock price reached a new 52-week high on Monday. The company traded as high as $38.18 and last traded at $37.8770, with a volume of 1,401,543 shares changing hands. The stock had previously closed at $37.97.

Fidelity MSCI Energy Index ETF Price Performance

The business has a fifty day moving average price of $35.55 and a 200 day moving average price of $33.13. The company has a market capitalization of $2.37 billion, a price-to-earnings ratio of 15.17 and a beta of 0.50.

Institutional Trading of Fidelity MSCI Energy Index ETF

A number of institutional investors have recently bought and sold shares of FENY. Vicus Capital raised its position in shares of Fidelity MSCI Energy Index ETF by 2,690.9% during the first quarter. Vicus Capital now owns 803,382 shares of the company’s stock worth $27,331,000 after purchasing an additional 774,596 shares during the period. Envestnet Asset Management Inc. boosted its position in Fidelity MSCI Energy Index ETF by 77.2% during the second quarter. Envestnet Asset Management Inc. now owns 1,516,919 shares of the company’s stock worth $44,840,000 after purchasing an additional 660,650 shares during the period. Gimbal Financial acquired a new stake in Fidelity MSCI Energy Index ETF during the third quarter worth approximately $6,129,000. Proficio Capital Partners LLC bought a new position in Fidelity MSCI Energy Index ETF during the 2nd quarter worth $4,242,000. Finally, Cetera Investment Advisers grew its position in shares of Fidelity MSCI Energy Index ETF by 29.4% during the 1st quarter. Cetera Investment Advisers now owns 428,397 shares of the company’s stock worth $14,574,000 after purchasing an additional 97,412 shares in the last quarter.

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.