Jacobi Capital Management LLC trimmed its holdings in shares of Fidelity MSCI Energy Index ETF (NYSEARCA:FENY – Free Report) by 3.6% in the first quarter, Holdings Channel reports. The firm owned 107,436 shares of the company’s stock after selling 3,980 shares during the period. Jacobi Capital Management LLC’s holdings in Fidelity MSCI Energy Index ETF were worth $2,745,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in FENY. Bernard Wealth Management Corp. acquired a new position in shares of Fidelity MSCI Energy Index ETF during the fourth quarter worth about $30,000. IMA Advisory Services Inc. acquired a new stake in shares of Fidelity MSCI Energy Index ETF in the first quarter valued at about $38,000. Fifth Third Bancorp raised its holdings in shares of Fidelity MSCI Energy Index ETF by 82.1% during the 1st quarter. Fifth Third Bancorp now owns 1,821 shares of the company’s stock valued at $47,000 after buying an additional 821 shares during the period. CX Institutional acquired a new position in Fidelity MSCI Energy Index ETF during the 1st quarter worth approximately $48,000. Finally, GPS Wealth Strategies Group LLC purchased a new position in Fidelity MSCI Energy Index ETF in the 1st quarter worth approximately $89,000.
Fidelity MSCI Energy Index ETF Stock Up 1.7%
Shares of NYSEARCA:FENY opened at $24.66 on Thursday. Fidelity MSCI Energy Index ETF has a 52-week low of $20.31 and a 52-week high of $27.03. The company has a 50 day moving average of $24.06 and a two-hundred day moving average of $23.62. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 15.17 and a beta of 1.39.
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.
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