Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Hits New 1-Year High – Here’s What Happened

Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $35.99 and last traded at $35.70, with a volume of 172491 shares traded. The stock had previously closed at $35.45.

Fidelity MSCI Energy Index ETF Trading Up 0.6%

The company has a market cap of $2.16 billion, a PE ratio of 15.17 and a beta of 0.43. The firm has a 50 day moving average of $32.39 and a two-hundred day moving average of $32.07.

Hedge Funds Weigh In On Fidelity MSCI Energy Index ETF

Several large investors have recently modified their holdings of FENY. Certified Advisory Corp bought a new stake in shares of Fidelity MSCI Energy Index ETF in the 1st quarter worth $853,000. Lido Advisors LLC lifted its holdings in shares of Fidelity MSCI Energy Index ETF by 2.3% during the first quarter. Lido Advisors LLC now owns 1,755,925 shares of the company’s stock valued at $59,737,000 after purchasing an additional 38,901 shares in the last quarter. Western Wealth Management LLC purchased a new stake in shares of Fidelity MSCI Energy Index ETF during the first quarter valued at $682,000. Penobscot Wealth Management purchased a new stake in shares of Fidelity MSCI Energy Index ETF during the first quarter valued at $1,411,000. Finally, Vicus Capital increased its holdings in Fidelity MSCI Energy Index ETF by 2,690.9% in the 1st quarter. Vicus Capital now owns 803,382 shares of the company’s stock worth $27,331,000 after buying an additional 774,596 shares in the last quarter.

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.