Demars Financial Group LLC Reduces Stock Holdings in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Demars Financial Group LLC trimmed its position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 91.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,629 shares of the company’s stock after selling 169,869 shares during the quarter. Demars Financial Group LLC’s holdings in Fidelity MSCI Energy Index ETF were worth $383,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. CWM LLC grew its holdings in shares of Fidelity MSCI Energy Index ETF by 59,000.0% in the third quarter. CWM LLC now owns 2,955 shares of the company’s stock valued at $74,000 after purchasing an additional 2,950 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of Fidelity MSCI Energy Index ETF by 67.9% during the 3rd quarter. IFP Advisors Inc now owns 2,491 shares of the company’s stock worth $62,000 after buying an additional 1,007 shares during the last quarter. Traynor Capital Management Inc. raised its stake in shares of Fidelity MSCI Energy Index ETF by 1.9% in the 3rd quarter. Traynor Capital Management Inc. now owns 203,278 shares of the company’s stock valued at $5,064,000 after acquiring an additional 3,696 shares during the period. Hilltop Wealth Advisors LLC purchased a new position in shares of Fidelity MSCI Energy Index ETF in the third quarter valued at $222,000. Finally, Patriot Financial Group Insurance Agency LLC increased its stake in shares of Fidelity MSCI Energy Index ETF by 3.2% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 136,973 shares of the company’s stock worth $3,412,000 after buying an additional 4,203 shares during the last quarter.

Fidelity MSCI Energy Index ETF Trading Up 0.6 %

Shares of NYSEARCA FENY opened at $26.30 on Wednesday. The company has a market capitalization of $1.91 billion, a price-to-earnings ratio of 8.55 and a beta of 0.55. Fidelity MSCI Energy Index ETF has a twelve month low of $20.73 and a twelve month high of $27.11. The business has a 50 day simple moving average of $25.01 and a 200-day simple moving average of $23.87.

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.