Maltin Wealth Management Inc. Grows Stake in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Maltin Wealth Management Inc. grew its stake in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 1.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 87,319 shares of the company’s stock after acquiring an additional 1,563 shares during the period. Maltin Wealth Management Inc.’s holdings in Fidelity MSCI Energy Index ETF were worth $2,082,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its stake in Fidelity MSCI Energy Index ETF by 13.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,059,484 shares of the company’s stock valued at $26,582,000 after purchasing an additional 128,161 shares in the last quarter. Primoris Wealth Advisors LLC purchased a new stake in shares of Fidelity MSCI Energy Index ETF during the third quarter valued at approximately $2,795,000. Miracle Mile Advisors LLC bought a new stake in shares of Fidelity MSCI Energy Index ETF during the fourth quarter valued at approximately $2,821,000. Cetera Investment Advisers raised its holdings in Fidelity MSCI Energy Index ETF by 33.8% in the 2nd quarter. Cetera Investment Advisers now owns 278,076 shares of the company’s stock worth $6,977,000 after acquiring an additional 70,184 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its position in Fidelity MSCI Energy Index ETF by 136.9% in the 3rd quarter. Sunbelt Securities Inc. now owns 90,341 shares of the company’s stock valued at $2,175,000 after acquiring an additional 52,203 shares in the last quarter.

Fidelity MSCI Energy Index ETF Trading Up 0.7 %

Shares of FENY opened at $26.16 on Monday. The company has a market cap of $1.90 billion, a price-to-earnings ratio of 8.27 and a beta of 0.50. The business’s fifty day simple moving average is $25.08 and its two-hundred day simple moving average is $24.82. Fidelity MSCI Energy Index ETF has a 12 month low of $21.73 and a 12 month high of $27.11.

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.