Maxele Advisors LLC Purchases New Stake in Fidelity MSCI Energy Index ETF $FENY

Maxele Advisors LLC acquired a new position in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 97,987 shares of the company’s stock, valued at approximately $2,422,000. Fidelity MSCI Energy Index ETF makes up 2.1% of Maxele Advisors LLC’s portfolio, making the stock its 16th largest holding. Maxele Advisors LLC owned about 0.18% of Fidelity MSCI Energy Index ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. BNP Paribas Financial Markets lifted its position in shares of Fidelity MSCI Energy Index ETF by 111,011.1% during the second quarter. BNP Paribas Financial Markets now owns 600,000 shares of the company’s stock worth $14,070,000 after purchasing an additional 599,460 shares during the last quarter. Hilltop Wealth Advisors LLC bought a new stake in Fidelity MSCI Energy Index ETF in the third quarter valued at about $12,909,000. Soundwatch Capital LLC bought a new stake in Fidelity MSCI Energy Index ETF in the second quarter valued at about $113,000. Tower Research Capital LLC TRC acquired a new stake in Fidelity MSCI Energy Index ETF during the third quarter valued at approximately $10,917,000. Finally, Cetera Investment Advisers raised its stake in Fidelity MSCI Energy Index ETF by 406.7% during the second quarter. Cetera Investment Advisers now owns 425,794 shares of the company’s stock valued at $9,985,000 after buying an additional 341,767 shares in the last quarter.

Fidelity MSCI Energy Index ETF Stock Up 0.3%

NYSEARCA:FENY opened at $32.08 on Tuesday. The company has a market cap of $1.72 billion, a PE ratio of 15.17 and a beta of 0.77. The business’s 50 day moving average is $29.01 and its two-hundred day moving average is $26.23. Fidelity MSCI Energy Index ETF has a 52 week low of $20.31 and a 52 week high of $32.22.

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.