Kestra Investment Management LLC Invests $39,000 in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY)

Kestra Investment Management LLC purchased a new position in Fidelity MSCI Energy Index ETF (NYSEARCA:FENY) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,643 shares of the company’s stock, valued at approximately $39,000.

Other hedge funds have also made changes to their positions in the company. Primoris Wealth Advisors LLC bought a new position in Fidelity MSCI Energy Index ETF during the third quarter valued at approximately $2,795,000. Miracle Mile Advisors LLC bought a new position in Fidelity MSCI Energy Index ETF during the fourth quarter valued at approximately $2,821,000. Heck Capital Advisors LLC bought a new position in Fidelity MSCI Energy Index ETF during the fourth quarter valued at approximately $1,833,000. Sunbelt Securities Inc. raised its position in Fidelity MSCI Energy Index ETF by 136.9% during the third quarter. Sunbelt Securities Inc. now owns 90,341 shares of the company’s stock valued at $2,175,000 after acquiring an additional 52,203 shares in the last quarter. Finally, Strategic Financial Concepts LLC bought a new position in Fidelity MSCI Energy Index ETF during the fourth quarter valued at approximately $868,000.

Fidelity MSCI Energy Index ETF Stock Performance

Shares of FENY opened at $25.02 on Friday. The firm has a market cap of $1.82 billion, a PE ratio of 8.27 and a beta of 0.50. The firm’s 50 day moving average price is $24.66 and its 200 day moving average price is $24.82. Fidelity MSCI Energy Index ETF has a twelve month low of $22.72 and a twelve month high of $27.11.

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.