HighTower Advisors LLC Trims Position in Fidelity MSCI Energy Index ETF $FENY

HighTower Advisors LLC cut its holdings in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 5.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 715,015 shares of the company’s stock after selling 37,602 shares during the quarter. HighTower Advisors LLC’s holdings in Fidelity MSCI Energy Index ETF were worth $17,711,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of FENY. Royal Bank of Canada raised its position in Fidelity MSCI Energy Index ETF by 16.9% during the 1st quarter. Royal Bank of Canada now owns 62,708 shares of the company’s stock worth $1,602,000 after buying an additional 9,077 shares during the last quarter. Jones Financial Companies Lllp raised its position in Fidelity MSCI Energy Index ETF by 30.3% during the 1st quarter. Jones Financial Companies Lllp now owns 12,653 shares of the company’s stock worth $323,000 after buying an additional 2,944 shares during the last quarter. Jane Street Group LLC raised its position in Fidelity MSCI Energy Index ETF by 197.0% during the 1st quarter. Jane Street Group LLC now owns 84,276 shares of the company’s stock worth $2,153,000 after buying an additional 55,901 shares during the last quarter. JPMorgan Chase & Co. raised its position in Fidelity MSCI Energy Index ETF by 16.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 73,598 shares of the company’s stock worth $1,726,000 after buying an additional 10,351 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its position in Fidelity MSCI Energy Index ETF by 4,601.8% during the 2nd quarter. Qube Research & Technologies Ltd now owns 5,219 shares of the company’s stock worth $122,000 after buying an additional 5,108 shares during the last quarter.

Fidelity MSCI Energy Index ETF Trading Up 0.4%

FENY opened at $33.06 on Friday. Fidelity MSCI Energy Index ETF has a 12-month low of $22.31 and a 12-month high of $35.26. The firm has a market capitalization of $2.06 billion, a PE ratio of 15.17 and a beta of 0.46. The firm has a 50 day moving average of $32.56 and a two-hundred day moving average of $28.87.

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.