Meridian Wealth Management LLC Invests $378,000 in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Meridian Wealth Management LLC bought a new position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 15,718 shares of the company’s stock, valued at approximately $378,000.

Other large investors have also recently bought and sold shares of the company. Mather Group LLC. acquired a new position in Fidelity MSCI Energy Index ETF during the 2nd quarter worth $27,000. Private Ocean LLC acquired a new position in Fidelity MSCI Energy Index ETF during the 2nd quarter worth $28,000. Eastern Bank acquired a new position in Fidelity MSCI Energy Index ETF during the 3rd quarter worth $27,000. VitalStone Financial LLC acquired a new position in Fidelity MSCI Energy Index ETF during the 3rd quarter worth $39,000. Finally, Gradient Investments LLC acquired a new position in Fidelity MSCI Energy Index ETF during the 2nd quarter worth $49,000.

Fidelity MSCI Energy Index ETF Stock Performance

NYSEARCA:FENY opened at $26.91 on Monday. The stock’s fifty day moving average price is $25.01 and its two-hundred day moving average price is $24.91. Fidelity MSCI Energy Index ETF has a 52-week low of $21.73 and a 52-week high of $27.11. The company has a market cap of $1.96 billion, a price-to-earnings ratio of 8.27 and a beta of 0.50.

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.