Sunbelt Securities Inc. Cuts Stock Holdings in Fidelity MSCI Energy Index ETF $FENY

Sunbelt Securities Inc. reduced its stake in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) by 28.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 76,471 shares of the company’s stock after selling 30,899 shares during the period. Sunbelt Securities Inc.’s holdings in Fidelity MSCI Energy Index ETF were worth $1,890,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Advisory Services Network LLC grew its position in shares of Fidelity MSCI Energy Index ETF by 30.2% during the third quarter. Advisory Services Network LLC now owns 68,353 shares of the company’s stock valued at $1,690,000 after purchasing an additional 15,858 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Fidelity MSCI Energy Index ETF by 2.1% in the third quarter. NewEdge Advisors LLC now owns 160,896 shares of the company’s stock worth $3,977,000 after buying an additional 3,301 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of Fidelity MSCI Energy Index ETF in the third quarter worth about $816,000. Qube Research & Technologies Ltd boosted its stake in Fidelity MSCI Energy Index ETF by 394.6% during the third quarter. Qube Research & Technologies Ltd now owns 25,813 shares of the company’s stock valued at $638,000 after buying an additional 20,594 shares during the last quarter. Finally, Maxele Advisors LLC bought a new position in Fidelity MSCI Energy Index ETF during the third quarter valued at approximately $2,422,000.

Fidelity MSCI Energy Index ETF Price Performance

NYSEARCA FENY opened at $32.50 on Thursday. Fidelity MSCI Energy Index ETF has a 1-year low of $20.31 and a 1-year high of $32.74. The business has a 50 day simple moving average of $29.30 and a two-hundred day simple moving average of $26.32. The stock has a market capitalization of $1.74 billion, a PE ratio of 15.17 and a beta of 0.77.

Fidelity MSCI Energy Index ETF 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.