Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) Sets New 1-Year High – What’s Next?

Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $36.47 and last traded at $36.2230, with a volume of 149732 shares changing hands. The stock had previously closed at $35.87.

Fidelity MSCI Energy Index ETF Stock Up 0.6%

The stock has a market capitalization of $2.19 billion, a P/E ratio of 15.17 and a beta of 0.45. The company has a 50 day moving average of $33.10 and a 200-day moving average of $32.32.

Institutional Trading of Fidelity MSCI Energy Index ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Deutsche Bank AG acquired a new position in Fidelity MSCI Energy Index ETF during the fourth quarter worth $25,000. Principia Wealth Advisory LLC lifted its position in shares of Fidelity MSCI Energy Index ETF by 2,961.0% in the fourth quarter. Principia Wealth Advisory LLC now owns 1,255 shares of the company’s stock worth $31,000 after buying an additional 1,214 shares during the last quarter. Godfrey Financial Associates Inc. bought a new stake in shares of Fidelity MSCI Energy Index ETF during the 4th quarter worth about $49,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new stake in shares of Fidelity MSCI Energy Index ETF during the 3rd quarter worth about $54,000. Finally, Advisors Preferred LLC acquired a new position in shares of Fidelity MSCI Energy Index ETF during the 1st quarter valued at about $59,000.

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.